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04 Population and Growth 3 Points Suppose that the population {and therefore also the labor force) in a country suddenly decreases by half in a

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04 Population and Growth 3 Points Suppose that the population {and therefore also the labor force) in a country suddenly decreases by half in a given year, but thatthe population growth rate in subsequent years is unchanged. Answer the following. 04.1 1 Point According to the Solow model with exogenous growth, as a result ofthe one-time population reduction: 0 the long-run growth rate of output per worker will be lower. 0 the long-run growth rate of output per worker will be higher. 0 the long-run growth rate of output per worker will be unchanged. Save Answer 04.2 1 Point According to the Solow model with exogenous growth, as a result of the one-time population reduction: 0 the long-run growth rate of total output will be lower. 0 the long-run growth rate of total output will be higher. 0 the long-run growth rate of total output will be unchanged. Save Answer 04.3 1 Point According to the Solow model with exogenous growth, as a result of the one-time population reduction: 0 the long-run level of output per worker will be lower. 0 the long-run level of output per worker will be higher. 0 the long-run level of output per worker will be unchanged. Save

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