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Capital per person in France is about 81 percent of the US. level and per capita income is about 79 percent of the US. level.
Capital per person in France is about 81 percent of the US. level and per capita income is about 79 percent of the US. level. Given that per capita income y : Ak0'3, calculate the level of total factor productivity (A), relative to the US level, that would be needed for France to match the US. level of per capita income. Round your answer to 2 decimal places
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