Home /
Expert Answers /
Economics /
calculate-the-implied-growth-rate-of-technology-in-each-scenario-assume-labour-39-s-share-of-output--pa938
(Solved): Calculate the implied growth rate of technology in each scenario. Assume labour's share of output is ...
Calculate the implied growth rate of technology in each scenario. Assume labour's share of output is
68%and capital's share of output is
32%. Instructions: Enter numbers rounded to two decimal place in each box. \table[[Scenario,\table[[Growth Rate of],[Output (%)]],\table[[Growth Rate of],[Labour (%)]],\table[[Growth Rate of],[Capital (%)]],\table[[Implied Growth Rate of],[Technology (%)]]],[A,3.0,2,2,],[B,4.2,3,3,],[C,3.0,2,1,],[D,4.2,1,4,]]
