Consider the Solow model; suppose that an economy is initially in a steady state. Half the population vanishes in a natural disaster one day, but the capital stock remains the same. What is the short-run impact on c, y and k (all of these are per worker)? What's the long-run effect on these? You can either answer in words describing whether these quantities go up or down in the short or long run, or you can draw diagrams and upload the pictures