The following table compares some attributes of workers in South Korea, Spain, and the United States.

-Refer to the table above.This table helps illustrate the fact that ________.
A) physical capital stock is the most important determinant of cross-country differences in GDP per worker
B) technology is the most important determinant of cross-country differences in GDP per worker
C) efficiency in production is the most important determinant of cross-country differences in GDP per worker
D) both B and C are true

Question

The following table compares some attributes of workers in South Korea, Spain, and the United States.
 
-Refer to the table above.This table helps illustrate the fact that ________.
A) physical capital stock is the most important determinant of cross-country differences in GDP per worker 
B) technology is the most important determinant of cross-country differences in GDP per worker 
C) efficiency in production is the most important determinant of cross-country differences in GDP per worker 
D) both B and C are true

Quizplus · Accepted Answer

The table compares the attributes of workers in South Korea, Spain, and the United States, including physical capital per worker, human capital per worker, and total factor productivity (a measure of efficiency in production). The fact that there are significant differences in GDP per worker across these countries suggests that both technology (as represented by human capital) and efficiency in production (as represented by total factor productivity) are important determinants of cross-country differences in GDP per worker. Therefore, choice D is the best answer.

The Following Table Compares Some Attributes of Workers in South