Consider a hypothetical small island nation in which the only industry is weaving. The following table displays information about the economy over a two year period. Complete the table by calculating physical capital per worker as well as labor productivity. Hint: Recall that productivity is defined 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. Based on your calculations, in physical capital per worker from 2032 to 2033 is associated with in labor productivity from 2032 to 2033 . Suppose you're in charge of establishing economic policy for this small island country Which of the following policies would lead to greater productivity in the weaving industry? Check ail that apply. Subsidicing research and development into new weaving technologies Imposing a tax on looms Imposing restrictions on foreign ownership of domestic capital Sharply increasing the interest rate on student loans to people pursuing advanced degrees in weaving