Business, 16.11.2019 05:31, sasalinas2001

Asmall economy increased its capital per hour worked ( k/ l) from $40,000 to $50,000. as a result, real gdp per worker ( y/ l) grew from $20,000 to $25,000. if the economy increases its capital per hour worked by another $10,000 to $60,000, but there is no change in technology, by how much more and in what direction will output per worker change?

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Asmall economy increased its capital per hour worked ( k/ l) from $40,000 to $50,000. as a result, r...