Same data as in previous question. Let the returns to education be 13.4% per year for the first 4 years of schooling (grades 1-4), 10.1% per year for the next four years (grades 5-8), and 6.8% per year for education beyond eight years. The production function is Y = AK"(KL)- Assume a = 1/3. The following table describes a country. Years of schooling Wage Relative to no school Percentage of labor force 0 1 20% 4 1.65 40% 8 2.43 20% 10 2.77 10% 12 3.16 10% Give the exact numerical answer for the following. Given the data, calculate the fraction of labor wages that represent the return to human capital for this country, rounded to 3 significant digits. 20-29% 60-69% 50-59% 70-79% 80-89% 30-39% 40-49% Question 15 10 pts Same numbers as in previous question. Let the returns to education be 13.4% per year for the first 4 years of schooling (grades 1-4), 10.1% per year for the next four years (grades 5-8), and 6.8% per year for education beyond eight years. The production function is Y = AK" (hL)!-a. Assume a = 1/3. The following table describes a country. Years of schooling Wage Relative to no school Percentage of labor force 20% 1.65 40% 0 1 4 8 2.43 20% 10 2.77 10% 12 3.16 10% What is the Human Capital Share of national income for this country? 70-79% 20-29% 50-59% 80-89% 60-69% 40-49% 30-39%