Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 20, Problem 35P

Say that the average worker in the U.S. economy is eight times as productive as an average worker in Mexico. If the productivity of U.S. workers grows at 2 % for 25 years and the productivity of Mexico’s workers grows at 6 % for 25 years, which country will have higher worker productivity at that point?

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