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Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469Economics 11th Edition by William McEachern
Edition 11ISBN: 978-1305505469 Exercise 8
PRODUCTIVITY As discussed in the text, per capita GDP in many developing countries depends on the fertility of land there. However, many richer economies have little land or land of poor quality. How can a country with little land or unproductive land become rich?
Explanation
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Per capita GDP:
Per capita GDP is defin...
Economics 11th Edition by William McEachern
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