Suppose labor productivity in the United States was $100,000 per worker in 2015. Calculate the value of labor productivity in 2035 (20 years later) if: Instructions: Enter your responses rounded to the nearest penny (two decimal places).

a. Productivity continues to grow by 4.5 percent per year. U.S labor productivity in 2035 would be $ ______ per worker. 241171.40

b. Productivity growth falls to 2.7 percent per year. U.S. labor productivity in 2035 would be $ _______ per worker. 170376.17

c. How much larger would labor productivity per worker be in 2035 with the higher growth rate as compared to the lower growth rate? Instructions: Enter your answer response rounded to the nearest penny (two decimal places) and percent value rounded to the nearest whole number. $ ___ or ___ %.