Higher level of output per worker in the steady state

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Reference no: EM13774340

Suppose that two countries are exactly alike in every respect except that population grows at a faster rate in country A than in country B.

a. Which country will have the higher level of output per worker in the steady state? Illustrate graphically.

b. Which country will have the faster rate of growth of output per worker in the steady state?

Reference no: EM13774340

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