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tion CompleBon Status: QUESTION 14 Suppose you have the following values for the Econland Hours worked in 1975 = 28,000 Hours worked in 2000 =

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tion CompleBon Status: QUESTION 14 Suppose you have the following values for the Econland Hours worked in 1975 = 28,000 Hours worked in 2000 = 39,000 RGDP in 1975 = 1,000,000 RGDP in 2000 = 1,600,000 Capital Stock in 1975 = 31,000,000 Capital Stock in 2000 = 49,000,000 Next, use your tools from growth accounting to answer the final questions about the growth in Econland in 1975-2000. Use the following aggregate production function to do so: Yt=AK, "'Nt(1-a), a=1/3. What percentage of the growth in RGDP can be attributed to the growth in TFP? (Assume the growth was constant and continuously compounded, as was our approach throughout the growth accounting lectures.) Give the percentage value but do not use the % symbol and round to the nearest hundredth percent Use 2016 as the base year for this question. QUESTION 15 10 points Chick Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save 9

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