In a developing country, the growth rate of capital is 6% per hour of work, and the growth rate of technology is 3%. How many years will it take the developing country's per capita income to double (rounded to the nearest tenth of a year)? It will take the country's per capita income approximately  years to double.

The growth rate of technology is 2 percent per year, and the growth rate of capital per hour of work is 5 percent per year. Calculate the growth rate of real GDP per hour of work. Express your answer as a percent rounded to two decimal places. The growth rate of real GDP per hour of work is  percent.

The per capita income of a developing country is $10,000, while that of an industrialized country is $40,000. If the developing country's income per capita grows at 6% per year while the industrialized income per capita grows at 3%, approximately how long will it take for the developing country's income per capita to equal that of the industrialized country's (rounded to the nearest tenth of a year)?

In a developing country, the growth rate of capital per hour of work is 6%, and the growth rate of technology is 3%. Using the growth accounting formula, what is the country's productivity growth rate?The country's productivity growth rate is %.

Suppose a country’s population grows by 1% per annum, and its labour efficiency grows by 2% per annum. Then, according to the Solow model with technological progress, the steady-state growth rate of total capital is ______.

Which answer below is correctA.Compound growth rate: A=b*(1+g)^nB.Number of years to economic double=2/annual growth rateC.GDP per capital= GDP/ capital D.Growth of GDP per capita =Growth of GDP-population