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8) Consider the following growth accounting data. If the production function is given by is Y = Growth (61 1948-2011 A. K, Nye , the

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8) Consider the following growth accounting data. If the production function is given by is Y = Growth (61 1948-2011 A. K, Nye , the growth rate of GDP per capita K/N 0.9%% for 1948-2011 is Labor Comp 0.3%% TEP 1.4% a) 0.6% b) 2.0% c) 1.9% d) 2.6%

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