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Calculate the contribution of capital to output growth

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Question - Over the past 10 years an economy's output has grown from 1100 to 1750, its capital stock has risen from 1200 to 1950, and its labor force has increased from 550 to 675. All measurements are in real terms. Assuming ak = 0.3 and aN = 0.7

a. Calculate the contribution of capital to output growth?

b. Calculate the contribution labor to output growth what is the productivity growth?

Reference no: EM132986393

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