Business

In a 750 to 1000 words Microsoft Word document in APA (6.0) format, respond to the following. You must include at least two outside

Originally posted 2016-10-25 09:59:48.

Tutorial exercise 1

The following table provides data on output per worker,
physical and human capital per worker, all relative to the US.
a. For each of three countries listed, calculate factor
accumulation and productivity relative to the US.
b. In which country does factor accumulation plays
largest role in explaining income relative to the US?
In which country does the productivity play the
largest role?
Clearly state the assumptions you have made and explain the
formulation(s) you have applied in carrying out your
calculations.
Output per Physical Capital Human Capital
Country Worker per Worker per Worker
Sweden 076 0.80 0.93
Mauritiuso.55 0.32 0.70

Originally posted 2016-10-25 09:59:48.