Question: could you please help me this one? please show every step, thanks Consider the following data, which applies to Avataria and Twilightia in the years
could you please help me this one? please show every step, thanks

Consider the following data, which applies to Avataria and Twilightia in the years 1990 and 2020. In both countries the production function in per worker terms is: y = woman)\". Output per Physical capital Human capital per worker, y per worker, k worker, h Avataria 1990 2,000 n 2020 6,000 120 Country Year Twilightia 1990 300 16 2020 900 24 (a) What were the productivity levels in each country in 1990 and 2020? (b) Which country had higher annual factor accumulation growth rate between 1990 and 2020? (Calculate these rates.) (0) Which country had higher annual growth rate of the output per worker between 1990 and 2020? (Calculate these rates.) (d) Which country had higher annual productivity growth rate between 1990 and 2020? (Calculate these rates.) (e) In what country the annual productivity growth contributed the most to the annual growth of the output per capita? (Hint. Calculate the share of the productivity growth rate in the growth rate of the output per capita.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
