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(10 points) Suppose that companies announce a new Artificial intelligence (AI) in the production of goods, which will be fully operational and available in a

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(10 points) Suppose that companies announce a new Artificial intelligence (AI) in the production of goods, which will be fully operational and available in a few years. This can be modelled as z unchanged, ~ increases. Use the real intertemporal model to show graphically what happens to output, employment, real wages and the real interest rate. Also, infer what happens to investment and consumption

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