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(15 points) Over the past 25 years an economy's total output has grown from 900 to 1215, its capital stock has risen from 2600 to
(15 points) Over the past 25 years an economy's total output has grown from 900 to 1215, its capital stock has risen from 2600 to 3510, and its labor force has increased from 600 to 720. All measurements are in real terms. Calculate the contributions to economic growth of growth in capital, labor, and productivity, assuming that = 0.35and N a = 0.65.
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