Consider two economies: Economy A and Economy B.In Economy A,the work culture is such that people do not mind working 12 hours a day.On the contrary,in Economy B,people work a maximum of 6 hours a day.If the culture hypothesis holds,then ________.

Question

Quizplus · Accepted Answer

The culture hypothesis suggests that a strong work culture leads to higher productivity and economic growth. As people in Economy A are willing to work longer hours, it is likely that they will be more productive and contribute more to the economy compared to those in Economy B who work shorter hours. Therefore, Economy A is likely to grow faster than Economy B.

Consider Two Economies: Economy a and Economy B