Create a new table that contains only the last three columns of the table in exercise 5.
Question:
(a) Explain in general how to interpret these numbers and in particular how the three columns are related.
(b) In the chapter, we found that about one-fourth of the differences in per capita GDP across countries were due to differences in capital per person and about three-fourths were due to differences in TFP. Carry out this calculation for Kenya. The United States is 33 times richer than Kenya; what fraction of this factor of 33 is due to differences in capital per person and what fraction is due to differences in TFP?
(c) Repeat part (b) for Ethiopia.
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