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Can I get answer with explanation? 1) (8 points) In the discussion of German and Japanese postwar growth, the text describes what happens when part

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Can I get answer with explanation?

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1) (8 points) In the discussion of German and Japanese postwar growth, the text describes what happens when part of the capital stock is destroyed in a war By contrast, suppose that a War does not directly affect the capital stock but that casualties reduce the labor force. Assume that the economy was in a steady state before the war, the saving rate is unchanged, and the rate of population growth aer the war is the same as it was before the war. at What is the immediate impact of the war on total output and on output per person? b. What happens subsequently to output per worker in the postwar economy? Is the growth rate of output per worker aer the war smaller or greater than it was before the war? (Represent it graphically)

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