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Suppose that an economy has output Y = AK0.3L0.7, that Y equals OMR42 trillion, capital K is OMR64 trillion, and labour L is 125 million
Suppose that an economy has output Y = AK0.3L0.7, that Y equals OMR42 trillion, capital K is OMR64 trillion, and labour L is 125 million workers. Given this information, what is the closest approximation of total factor productivity A?
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