Chartered Financial Analyst Level 2
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An analyst gathers the following economic data about three countries:
Country Size of Workforce Total Capital Country 1 18 million $1,240 billion Country 2 37 million $1,600 billion Country 3 15 million $560 billion
All else being equal, which country would most likely experience the greatest increase in per capita economic growth as a result of capital deepening?
An analyst gathers the following economic data about three countries:
| Country | Size of Workforce | Total Capital |
|---|---|---|
| Country 1 | 18 million | $1,240 billion |
| Country 2 | 37 million | $1,600 billion |
| Country 3 | 15 million | $560 billion |
All else being equal, which country would most likely experience the greatest increase in per capita economic growth as a result of capital deepening?
Exam-Like
A
Country 1
B
Country 2
C
Country 3
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