Exercises - Classic Model NB: you are free to choose arbitrary values for the parameters of the model (as long as I don't give you any) and also for some variables (for example ) if necessary. Exercises - model 1 (TOM + productive sector: constant) {.smaller) 1. What would you do to obtain the solutions y" and (w/p)* for the numerical example above? Show your approach. 2. For the numerical example above, in the case where M=100 and v=2: find W, w/p 3. Identify the impacts of the following shocks: a. increase in M b. discovery of a new productive technology c. increase in the labor force 4. Reconstruct our numerical example in Geogebra