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As an economist working at the International Monetary Fund, you are given the following data for South Africa: predicted per capita GDP, relative to the United States, as given by y=k^1/3, is 0.55, and total factor productivity is 0.33. What is the observed per capita GDP, relative to the United States?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91520741

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