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  • 12-10-2022
  • Business
contestada

Suppose labor's share of output is 60% and capital's share of output is 40%. If labor grows at a rate of 5%, then this will cause output to grow at a rate of ANSWER HERE%. If capital grows at a rate of 5%, then this will cause output to grow at a rate of ANSWER HERE%.

Instructions: Enter whole numbers into each box.

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