Business, 25.11.2019 19:31 priarm8799

Indicate whether each of the following statements is true or false
a. country a's labor share is 60%, country b's labor share is 70%, and labor is growing at a rate of 3% in both countries. assuming capital and technology are not growing in either country, country b has a higher growth rate of output. click to elect t
b. country a's labor share is 40%, country b's labor share is 70%, and labor is growing at a rate of 10% in country a and 6% in country b. assuming capital and technology are not growing in either country country a has a higher growth rate of output t select
c. labor ia growing at a negative rate in country a and a positive rate in country b, so country b must have a higher growth rate of output. [clok to select
d. labor and capital are both growing more quickly in country a than in country 8. so country a must have a higher growth rate of outout tclick to select

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Indicate whether each of the following statements is true or false
a. country a's labor share...

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