Can you solve this question with a formula? Also, Can you explain where that highlighted 0.3 is coming from?

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Can you solve this question with a formula? Also, Can you
explain where that highlighted 0.3 is coming from?

Can You Solve This Question With A Formula Also Can You Explain Where That Highlighted 0 3 Is Coming From 1 (791.9 KiB) Viewed 33 times

Question 10 Suppose the growth rate of human capital per worker is 2.0%, and the human capital share of income is 0.7 (70%). If total factor productivity is growing at 1.5%, use the growth accounting equation to find the growth rate of physical capital per worker that gives an output per worker growth rate of 3.8%. Keep your answer to 2 decimal places & be sure to show your work. = Х Δk 0.038 = 0.015 + 0.3 x +0.7 x 0.02 k Δk 0.03 (3%) k - Growth rate of physical capital per worker (in percentage terms): 3%