1.12. Consider a Solow economy on its balanced growth path. Suppose the growth- accounting techniques described in Section 1.7 are applied to this economy.

(a) What fraction of growth in output per worker does growth accounting attribute to growth in capital per worker? What fraction does it attribute to technological progress?

(b) How can you reconcile your results in

(a) with the fact that the Solow model implies that the growth rate of output per worker on the balanced growth path is determined solely by the rate of technological progress?