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4. Assume the relationship between economic growth gy is a function of tech- nological growth ga and growth in capital gr given by the equation gy = ga + , (a) Growth in capital in China was 15% during the period 1990 to 2000 and their growth in technology was 5%, what was economic growth? (b) Economic growth was 2% in the US over the period 1950 to 2015 and technological growth averaged 1.5%, what was growth in capital? (c) Economic growth was 4% in Argentina from 1870 to 1915 and growth in capital was 6%, what was technological growth? 5. Fill in Table 4. Table 3: Calculating TFP Ratios In 2014 dollars Relative to US (US = 1) (1) (2) 3 (4) (5) 6) Capital GDP Capital GDP Predicted Implied TFP Country per person per capita per person per capita V to match data United States 160,247 51,621 Australia 162,790 46,543 Botswana 62,985 15,068 Ecuador 37,835 10,912 Italy 198,090 33,353 Kazakhstan 40,490 23,556 Mozambique 2,493 1,047 Singapore 284,572 64,624 Qatar 423,284 163,294