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Question 147

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Answer the questions below:
(A) Suppose a cauntry has no Jrawth in techolady, the capital stock is yrowing at arate of 4 percent per year, and the labar farce is Prowing at arate of l percent per year. What is the grawth rate of real GDP per hour of wark?
(B) Suppose a county has a capital stack that is rrawing at l percent the labor farce is Prowing at 4 percent, and the growth of real GDP per hour af wark is 2 percent. What is the ryowth rate of techolagy? Which if the prawth rate of real GDP?

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