Multiple Choice
Scenario: Two neighboring countries, Sweetland and Sourland, are identical in terms of size, population (800,000) , education of workforce, and value of natural resources owned.
-Refer to the scenario above.Again,assume Sweetland has a higher GDP.If all inputs are the same,which of statements below could be responsible?
A) The relationship between efficiency units of labor and GDP may differ in the two countries.
B) The relationship between physical capital stock and GDP may differ in the two countries.
C) Technology may be more advanced in Sweetland.
D) All of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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