Question: Suppose that we are comparing two countries, A and B, that are similar in every way except the education of their population. In country A
Suppose that we are comparing two countries, A and B, that are similar in every way except the education of their population. In country A all adults have 10 years of schooling. In country B all adults have 4 years of schooling. Calculate the ratio of output per worker in the steady state in the two countries.
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