Why is the analysis in terms of the variables per effective unit of worker more useful than the one with the aggregate capital stock?

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST8: Earnings Differences Between Men And Women
Section: Chapter Questions
Problem 2CQ
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Why is the analysis in terms of the variables per
effective unit of worker more useful than the one
with the aggregate capital stock?
Transcribed Image Text:Why is the analysis in terms of the variables per effective unit of worker more useful than the one with the aggregate capital stock?
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