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Social Studies, 09.03.2020 21:37 bryan1528489

A country's economy initially has 100 units of physical capital per worker. Each year, it increases the amount of physical capital by 5%. According to the aggregate production function for this economy, each 1% increase in physical capital per worker, holding human capital and the technical means of the production of goods and services constant, increases output per worker by 0.20%. In two years' time, the level of physical capital per worker in this economy is:

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A country's economy initially has 100 units of physical capital per worker. Each year, it increases...
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