Multiple Choice
Suppose the growth in GDP per hour worked resulting from physical capital in an economy is 1 percent and the growth resulting from human capital is 2 percent.If the annual growth rate of GDP per hour worked is 5 percent,the growth resulting from technology equals ________.
A) 1 percent
B) 2 percent
C) 3 percent
D) 4 percent
Correct Answer:
Verified
Correct Answer:
Verified
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