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Suppose than an economy has output Y = AK 0'3L 0-7, that Y equals $42 trillion, capital K is $64 trillion, and labor L is
Suppose than an economy has output Y = AK 0'3L 0-7, that Y equals $42 trillion, capital K is $64 trillion, and labor L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A? O less than 0.01 around 0.25 O roughly 0.33 O close to 0.4 O exactly 144
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