If Capital Per Hour of Work Is Growing at a Rate

question 83

Multiple Choice

If capital per hour of work is growing at a rate of 3 percent and the government wants output per hour of work to grow at 3 percent,how high does the growth rate of technology have to be?

• A)0 percent
• B)4 percent
• C)2 percent
• D)6 percent
• E)1 percent