## Macro--find Rate of Tech. Progress

Labor Productivity Growth
1948-73-2.8%
1974-95-1.4%
1996-01-2.5%

Capital Deepening (K/L)
2.7%
2.4%
3.6%

Rate of Tech. Progress
x
x
x
Solve the last colum. I'm thinking it's 1/3(2.7%)=.9% 2.8%-.9%=1.9%. Is that correct? Thanks so muc, and I assume this is the right section. Sorry if it isn't.

Edit: ok, we're good.