Consider the following data, which apply to countries A and B in the years 2000 and 2010.
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Consider the following data, which apply to countries A and B in the years 2000 and 2010.
In both countries, the production function
(in per-worker terms) is y = Akah1-a, where a = 1/3.
Which country had higher productivity growth between 2000 and 2010? Show how you got your answer. (You do not need to use a calculator to answer this question.)
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