Question: 3 . Consider the following data on the fictional countries of Sylvania and Freedonia. Theproduction function is y = Ak * h ' - *
Consider the following data on the fictional countries of Sylvania and Freedonia. Theproduction function is y Akh wherea ACalculate the level of productivity, A in each country.bCalculate the countries' relative levels of output if all differences in output were the result of productivity.cCalculate the countries' relative levels of output if all differences in output were the result of factor accumulation.
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