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What is the level of tfp in year 2500

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Reference no: EM133232304

Use the following environment for the next three questions. The economy is described by the production function: In year 2500, GDP is 10,000, capital stock is 200 and labor is 500. What is the level of TFP in year 2500? Approximate your answer to three decimal places.

Reference no: EM133232304

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