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solve the following 2. The following data give real GDP (Y), capital (K), and labor (L), for the planet of Jaklcu in various years. A

solve the following

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2. The following data give real GDP (Y), capital (K), and labor (L), for the planet of Jaklcu in various years. A TFP Growth in % (please round (please round to to two decimal the nearest whole places) number) 3030 8,955 11,460 119 12,560 15,402 Assume that the production function for J akku is Y = AK 0'51.\" . Please ll out the empty cells in the table above. Calculate the level of technology (A) as a residual, and then using that calculate the TFP growth rates. The growth rate referencing the year 3010 is the percentage growth of J akku's total factor productivity between 3000 and 3010; the growth rate referencing the year 3020 is the growth rate of TFP between 3020 and 3010, so on and so forth. [l-lINT: much easier and faster to do this using a spreadsheet program like Excel or Google Spreadsheet (rather than using a calculator), where you can type in the data and then type in the appropriate equations to solve for A and TFP growth]

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