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5. Consider the basic neoclassical model. Graphically analyze the effects of: {a}An increase in 6H1 b) An increase in A t+1 c} A permanent increase

5. Consider the basic neoclassical model. Graphically analyze the effects of: {a}An increase in 6H1 b) An increase in A t+1 c} A permanent increase in productivity In each case, describe clearly how each endogenous variable changes

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