Say that the average worker in Argentina has a productivity of $15 per hour wh average worker in Brazil has a productivity of $14 per hour (both measured in U dollars). If worker productivity, over the next 5 years, grows 3% per year in Bras 2% in Argentina. At the end of the 5 years, how much more productive are arge workers relative to brazillian, in percentage terms. (Do not include the % sign, r YOur answer to include 2 decimal places)

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Say that the average worker in Argentina has a productivity of $15 per hour while the
average worker in Brazil has a productivity of $14 per hour (both measured in U.S.
dollars). If worker productivity, over the next 5 years, grows 3% per year in Brasil and
2% in Argentina. At the end of the 5 years, how much more productive are argentinian
workers relative to brazillian, in percentage terms. (Do not include the % sign, round
your answer to include 2 decimal places).
Transcribed Image Text:Say that the average worker in Argentina has a productivity of $15 per hour while the average worker in Brazil has a productivity of $14 per hour (both measured in U.S. dollars). If worker productivity, over the next 5 years, grows 3% per year in Brasil and 2% in Argentina. At the end of the 5 years, how much more productive are argentinian workers relative to brazillian, in percentage terms. (Do not include the % sign, round your answer to include 2 decimal places).
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