Back to Assignment dy To Attempts Keep the Highest / 3 4. The catch-up effect Tips Consider the economies of Hermes and Gribinez, both of which produce gaggles of gop using only Tips tools and workers. Suppose that, during the course of 50 years, the level of physical capital per worker rises by 4 tools per worker in each economy, but the size of each labor force remains the same. Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2016 and 2066. Hermes Physical Capital Labor Force Output Productivity Year (Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker) 2016 11 30 3,000 2066 15 30 3,600 Gribinez Physical Capital Labor Force Output Productivity Year (Tools per worker) (Workers) (Gaggles of gop) (Gaggles per worker) 2016 30 2,400 2066 12 30 3,600 Initially, the number of tools per worker was higher in Hermes than in Gribinez. From 2016 to 2066, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a amount than productivity in Gribinez. This illustrates the effect. Grade It Now Save & Continue Continue without saving