ECON 304, Section 003: Inmd Macroec Analysis (22511 UP P ECON 304 003 ) Quiz 2 (ECON304_SP25)

Capital per person in India is about 6 percent of the U.S. level. Given that per capita income y=Ak0.3, calculate the level of total factor productivity (A), relative to the U.S. level, that would be ...