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1: Please, imagine a theoretical neoclassical standardmodel of the economy. a)Show a graphical picture of the total model and ad an explanation verbally. b)Assume that

1: Please, imagine a theoretical neoclassical standardmodel of the economy.

a)Show a graphical picture of the total model and ad an explanation verbally.

b)Assume that a lot of incoming migration of young and middle aged persons takes place. What kind of changes within the model do you expect?

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