Answer:
A. Based on a 2.6% productivity growth per year labor productivity will be $183,798 in 2035 (that is $73,798 improvement over 20 years)
B. Based on a 2.0% productivity growth per year labor productivity will be $163,454 in 2035 (that is $53,454 improvement over 20 years)
C. The difference between both growth scenarios is $20,343
Explanation:
A detailed presentation can be found attached.