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By evaluating the effects of the introduction of a one-child policy in a Solow economy, modelled as a one-time permanent decrease in the rate of

By evaluating the effects of the introduction of a "one-child" policy in a Solow economy, modelled as a one-time permanent decrease in the rate of population growth, .

Can someone explain:

-how to use the phase diagram to illustrate the adjustment of the economy. Discuss the forces at work along the transition.

-& how to draw the evolution of capital per worker, wages, the real interest rate and aggregate output (make sure to include some periods before the shock, the moment of the shock, and some periods after the shock).

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