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In a developing country, the growth rate of capital per hour of work is 9% and the growth rate of technology is 6%. Using
In a developing country, the growth rate of capital per hour of work is 9% and the growth rate of technology is 6%. Using the growth accounting formula, what is the country's productivity growth rate? Round your answer to two decimal places. % Check Answer
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Economics For Investment Decision Makers
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
1st Edition
1118111966, 9781118111963
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