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As an Economist Working at the International Monetary Fund, You

Question 37

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As an economist working at the International Monetary Fund, you are given the following data for Italy: observed per capita GDP, relative to the United States, is 0.69; predicted per capita GDP, given by As an economist working at the International Monetary Fund, you are given the following data for Italy: observed per capita GDP, relative to the United States, is 0.69; predicted per capita GDP, given by   , is 0.98. What is total factor productivity? A)  0.75 B)  0.68 C)  0.99 D)  0.81 E)  0.70 , is 0.98. What is total factor productivity?


A) 0.75
B) 0.68
C) 0.99
D) 0.81
E) 0.70

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