3. Productivity and growth policies Consider a hypothetical small island nation in which the only industry is cloud computing. The following table displays information about the economy over a two year period. E Comoiete the tabie by calcuia ting physicai capita.r per worker as wait as iabor productivity. Hint: Recall that productivity is dened as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor. Physical Labor Physical Capital per Labor Capital Force Worker Hours Output Labor Productivity {Servers} 1' Workers) 1' Servers J ,(i-iours)l ( TB of data (TB of data storage per hour of Year storage ) labor) E Based on your calculations, V in physical capital per worker from 2046 to 204? is associated with V in labor productivity from 2046 to 204?. Suppose you're in charge of establishing economic policy for this small island country. E Iu'u'hich of the following policies would lead to greater productivity in the cloud computing industry? Check aii thatappiy. D Encouraging saving by allowing workers to set aside a portion oftheir earnings in tax-free retirement accounts D Imposing a tax on servers D Offering free public education to every worker in the country D Subsidizing research and development into new cloud computing technologies