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1.Suppose there is an increase in immigration. Trace out how that affects the economy in the full employment model. 2.What might cause the savings curve
1.Suppose there is an increase in immigration. Trace out how that affects the economy in the full employment model.
2.What might cause the savings curve to be upward sloping?
3.Using the full employment model describe how a change in technology affects the economy.
4.How does government fit into the full employment model? What if the government decided to increase G, all else equal, what affect does that have in the model?
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