The annual growth rate of output, gy: 2.016%

The annual growth rate of labor input, gn: 0.701%

The annual growth rate of capital input, gk: 1.782%

HOW DO I CALCULATE THE RESULTS ABOVE? PLEASE SHOW WORK.

The formula for the rate of growth of technology is the residual=gy-[agn+(1-a)gk]. Use the average labor share over the two years to calculate the residual.

The value of the residual from 2000-2019 was 0.901 (HOW IS 0.901 THE ANSWER, PLEASE SHOW WORK)

Thank you

ompute growth rates of Y,N, and K between 2000 and 2019. (Round your responses to three decimal laces.)