Across rich and very poor economies, differences in capital per worker explain

80 percent of differences in output per work
90 percent of differences in output per worker
100 percent of differences in output per worker
75 of differences
None of the above


Assume that TFP growth is zero. If capital per worker is falling,

the economy is above its steady state and growth of output is positive.
the economy is above its steady state and growth of output is negative
the economy is below its steady state and growth of output is positive.
the economy is below its steady state and growth of output is negative.
None of the above

Answer rating: 100% (QA)

1 Option 5 None of the above According to a paper by the Am... View the full answer