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Business, 02.03.2020 17:16 sarahgrindstaff123

The amount of human capital per worker grows by 6% a year in a country. Estimates of the aggregate production function for the country show that holding physical capital per worker and technology constant, for each 1% increase in human capital per worker, output per worker increases by 0.5%. The growth in human capital per worker in the country accounts for approximately % of productivity growth per year. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices 0.5 3 6 30

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The amount of human capital per worker grows by 6% a year in a country. Estimates of the aggregate p...
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