Question: Suppose that efficiency in country X is equal to 70% of that in the US and that the level of productivity in country X is

Suppose that efficiency in country X is equal to 70% of that in the US and that the level of productivity in country X is equal to 40% of that in the US. Also the productivity in the US is assumed to grow at 0.4% per year. Then, we can calculate how many years (G years) the level of technology in country X is behind that in the US. Show the equation that G should satisfy.

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