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Question 4 1 pts Consider two countries, Italy and Spain. Suppose both countries have production functions of the form Y = AK3 L3 . Italy

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Question 4 1 pts Consider two countries, Italy and Spain. Suppose both countries have production functions of the form Y = AK3 L3 . Italy has output per worker that is 1.05 times that of Spain and has capital per worker that is 1.10 times that of Spain. Compared to Spain, the implied level of total factor productivity for Italy is approximately? 1.017 O 0.955 O 1.082 O 1.048

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