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Use growth accounting to estimate known and unknown growth. The labor force grows at 3.4% and capital stock grows 5%. Suppose 40% of national income

Use growth accounting to estimate known and unknown growth. The labor force grows at 3.4% and capital stock grows 5%. Suppose 40% of national income goes to labor and 60% goes to capital. Output grows by 10%.

What percent of the growth rate of output can be explained by unknown growth?

Answer with two decimal places.

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