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Hello please help with these questions.I have an exam in a week 16. Assume that an earthquake has occurred in Harmony. The earthquake instantly destroyed

Hello please help with these questions.I have an exam in a week

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16. Assume that an earthquake has occurred in Harmony. The earthquake instantly destroyed a large portion of Harmony's capital stock K, but fortunately, neither population L nor technology E was affected. Because the earthquake destroyed capital K but did not affect the levels or growth rates of labor or technology, which of the following statements is true? A.) Many years from now, after the economy of Harmony has returned to its steady state, aggregate output Y will reach the same level that it would have reached if the earthquake had never occurred. B.) Many years from now, after the economy of Harmony has returned to steady state, output per worker - will reach the same level that it would have reached if the earthquake had never occurred. C.) Both of the above statements are true. D.) None of the above statements is true. 17. Assume that the population growth rate in an economy is not some constant n. Rather, the population growth rate is extremely high at very low levels of k = EI. K. At high levels of k, the population growth rate declines to the low levels typically found in industrialized countries. In class, we discussed how this type of situation could give rise to a Solow-type model where the number of stable steady states is equal to A. ) Zero. B.) One. C.) Two. D.) Three. E. ) Four

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