QUESTION 1: Growth Accounting Consider the following statistics for some economies. Assume the exponent on capital is 1/3 and that the labour composition is unchanged. For each economy, compute the growth rate of TFP. a) A European economy: griz = 0.03, g KIL = 0.03 b) A Latin American economy: gr/z = 0.02, gk/ = 0.01 c) An Asian economy: gr/z = 0.06, 8k/L = 0.15