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i. Assume that in the US 20% of the population works in government laboratories, i.e., NA/N=.20. GDP per capita in the United States grows at
i. Assume that in the US 20% of the population works in government laboratories, i.e., NA/N=.20. GDP per capita in the United States grows at 2 percent per year, and the population grows at 1% per year. Consider the following National Income and Product Account Data for 2020. Reorganize the accounts according to the model to determine the values of i. C/GDP ii. G/GDP iii. K/GDP iv. X/GDP (Note X is model investment.) V. rK/Y
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