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Business, 16.02.2022 14:10 NayNay1105
Over the last 50 years in the U. S., real GDP has grown at approximately 3% per year, while capital has been accumulating at around 3% per year and the labor force has grown at around 1% per year. The labor share of income is about 0.7. What has been the growth rate of the Solow residual
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Over the last 50 years in the U. S., real GDP has grown at approximately 3% per year, while capital...
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