Question: 4. (10 points) Consider the folowing data, which apply to countries A and B in the years 2000 and 2010. In both countries, the production

 4. (10 points) Consider the folowing data, which apply to countries

4. (10 points) Consider the folowing data, which apply to countries A and B in the years 2000 and 2010. In both countries, the production function lin per-worker terms) is y = AKh " where a = 1/2. Output Physical Human per Capital per Capital per Country Year Worker, y Worker, k Worker, 2000 500 2 2010 3.500 24 2000 600 4 2010 6,000 48 Which country had higher productivity growth between 2000 and 2010? How about if a=2/3? Show how you got your answer. (You do not need to use a calculator to answer this question.)

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