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Chartered Financial Analyst Level 2

Chartered Financial Analyst Level 2

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22 An analyst gathers the following information about three countries:
CountryLong-Term Growth Rate in Labor ForceLong-Term Growth Rate in Labor Productivity
Country 1-2.0%+3.0%
Country 2-1.0%+1.0%
Country 3-0.5%+2.0%

Based on the labor productivity growth accounting equation, the country with the highest GDP growth potential is:

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