7. Using the expression for marginal products of labor and capital, predict the impact of following events on the real wage and real rental price of capital. (try to use graphs) i. A wave of immigration increases labor force ii. A hurricane destroys some of the capital stock iii. High inflation doubles the prices of all inputs and output 8. According to Euler's theorem total income = + sk 9. If the economy's stock of capital doubles, what happens to the shares of total income paid to the owners of capital and labor