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In growth accounting studies, the usual approach uses an aggregate production function to estimate how much of per capita economic growth can be attributed to growth in physical capital and human capital. After these are measured, the residual is attributed to ____________.

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Step-by-step explanation:

There is no doubt about the progress and development that technology has had in recent years. A development that goes far beyond people and is already positioned as a relevant factor for economic growth in all countries in the world.

From technology at the service of the industrial sector, to consumer technology and that extends to people in order to facilitate and improve their quality of life. In this same sense, investment plays a fundamental role in maintaining a balance between growth and technological penetration, since finally the most important consumption comes from users.

Technology has allowed progress in various activities and markets. However, it is important to stop and highlight one of the sectors that, currently, contribute greatly in economic matters; We talk about startups. Businesses that often start with a small idea and end up solving fundamental needs of people around the world.

Without a doubt, the growth or advance of an economy is associated with multiple factors. Likewise, technology is being a fundamental contribution towards different sectors or commercial and financial fronts, for the momentum that we are experiencing today. Whether through a startup or large technology companies, our mission as developers is to continue working for the advancement of people and that in the long term this work will translate into a synonym for economic growth.

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