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From the point of view of Last year in Vietnam the official statistics agency published a rate of growth of GDP = 0.06 (ie 6%).
From the point of view of Last year in Vietnam the official statistics agency published a rate of growth of GDP = 0.06 (ie 6%). It also estimated that the stock of capital great at a rate = 0.05. Labor is estimated to have grown at a rate of = 0.01. If the share of capital in the economy and the rate of labor in the economy are both one half, what is the rate of growth of TFP?someone in period t=0 with a discount factor of 0.5, what is the net present value of an asset that pays $10 in period t=1, and $20 in period 2
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