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Business, 25.03.2022 20:20 beyattatsymbal123

Consider the economies of Sporon and Tralfamadore, both of which produce gaggles of gop using only tools and workers. Suppose that, during the course of 30 years, the level of physical capital per worker rises by 5 tools per worker in each economy, but the size of each labor force remains the same. Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2016 and 2046. Year Sporon Physical Capital Labor Force Output Productivity (Tools per worker) Sporon

Physical Capital Labor Force Output Productivity
Year (Tools per worker) (Workers) (Glops of gloop) (Glops per worker)
2016 11 30 1,800
2046 16 30 2,160

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Consider the economies of Sporon and Tralfamadore, both of which produce gaggles of gop using only t...

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