Suppose an economy has an increase in labor input of 60 percent,while output has increased by 100 percent.Assuming no change in total factor productivity,calculate the percentage increase in the capital input.(Use the Cobb-Douglas production function Y = A 
. )
Definitions:
Authority
Is legitimate, institutionalized power.
Social Relationship
A connection between individuals based on social interactions, affiliations, or roles within a community or society.
Moral Consent
An agreement or acceptance that is considered ethical or in alignment with societal norms and moral principles.
Legitimacy
The general belief that a rule, institution, or leader has the right to govern or exercise authority.
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