In 2010, the economy's resource base consists of 10 laborers and a capital stock of $50. Its

Question:

In 2010, the economy's resource base consists of 10 laborers and a capital stock of $50. Its capital output ratio is 2. In 2011, its capital stock increases to $75, while the number of laborers and capital output ratio remain unchanged.
Calculate
(1) The 20102011 rate of economic growth,
(2) The capital-labor ratio in 2010,
(3) The GDP in 2010, and
(4) The 20102011 capital deepening.