Calculate the growth rate of manufactured capital per worker


Problem

Suppose we know that the growth rate of output per worker in Macroland is 1.7 percent per year and the growth rate of total factor productivity is 0.8 percent per year. Using the growth accounting equation, calculate the growth rate of manufactured capital per worker in Macroland.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Calculate the growth rate of manufactured capital per worker
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