Business, 24.05.2021 03:10 germainenez8403

Burundi is a poor economy in Africa. Output per worker in Burundi is just two percent of the US. Capital per worker is just five percent of the U. S. a. What is total factor productivity in Burundi relative to the U. S?
b. How much does total factor productivity account for the difference in output per worker between Burundi and the U. S?
c. Suppose that the United Nations trebles the capital stock in Burundi. What is the differences in output per worker now?

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Burundi is a poor economy in Africa. Output per worker in Burundi is just two percent of the US. Cap...