Country A and country B are the same except country A has a capital stock of 5,000 a population of 12,000 and employment of 10,000. Country B has a capital stock of 8,000 and a population of 24,000 and employment of 20,000. a. Country A has a higher standard of living but country B will catch up. b. Country B has a higher standard of living but country A will not catch up. c. Country B has a higher standard of living but country A will catch up. d. Country A has a higher standard of living but country B will not catch up.
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Home » Business » Country A and country B are the same except country A has a capital stock of 5,000 a population of 12,000 and employment of 10,000. Country B has a capital stock of 8,000 and a population of 24,000 and employment of 20,000. a.