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Using the growth accounting equation, if the growth rate of output is 5%, the growth of labor is 2% and the growth of capital is

Using the growth accounting equation, if the growth rate of output is 5%, the growth of labor is 2% and the growth of capital is 2% then if =0.50 then growth of technology can be estimated to be:

Question 24 options:

A)

4.25%.

B)

4.00%.

C)

3.00%.

D)

4.75%.

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