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11. The following table provides data on the annual growth rates of output, physical capital, and human capital per worker for two countries. Assume a
11. The following table provides data on the annual growth rates of output, physical capital, and human capital per worker for two countries. Assume a = V3. (10 points} Countryr Growth Rates of Growth Rates of Growth Rate of Output per Worker, y Physical Capital per Human Capital per (9%) Worker, k (9%) Worker, h [56) Argentina 0.66 0.31 0.52 Uruguay 1.82 1.83 0.51 12. Consider the following data on the fictional countries of Sylvania and Freedonia. The production function is y=Akahi-a, where a = 0.5. (10 points) Sylvania Freedonia Output per Worker, y 100 200 Physical Capital per Worker, 100 100 k Human Capital per Worker, 25 64 h
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