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Question: 1. The following table provides data on output per worker, physical capital per worker, and huma...

1. The following table provides data on output per worker, physical capital per worker, and human capital per worker, all relative to the United States. For each of the three countries listed, calculate factor accumulation and productivity relative to the United States. In which country does factor accumulation play the largest role in explaining income relative to the United States? In which country does productivity play the largest role? Country Output per Worker, y Physical Capital per Worker, k Human Capital per Worker, h Country-A 0.95 0.93 0.92 Country-B 0.60 0.55 0.57 Country-C 0.07 0.20 0.48 Countries A and B have the same rates of investment, population growth, and depreciation. They also have the same levels of income per capita. Country A has a higher rate of growth than does Country B. According to the Solow model, which country has higher investment in human capital? Explain your answer.