Multiple Choice
The total number of workers in two different countries is equal. However, workers in Country A are three times more productive than workers in Country B. Which of the following is true in this case?
A) The total efficiency units of labor in Country A is one-third the total efficiency units of labor in Country B.
B) The total efficiency units of labor in Country A is three times more than the total efficiency units of labor in Country B.
C) The physical capital stock in Country B is three times more than the physical capital stock in Country A.
D) The total efficiency units of labor in Country B is six times more than the total efficiency units of labor in Country B.
Correct Answer:
Verified
Correct Answer:
Verified
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