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Help question 2,3,4,5 Assume the labor supply is not affected by wage and is only affected by population. Using graphs for the labor market and

Help question 2,3,4,5

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Assume the labor supply is not affected by wage and is only affected by population. Using graphs for the labor market and a production function, show the effect of increasing capital per worker on output. Show both mathematically and with an explanation how savings = investment. For your explanation, consider how you would explain this to someone who hadn't taken an economics class. As it relates to capital deepening: a. How can the total capital stock of a country improve over time and why is this important? b. How does depreciation affected capital stock growth and how can this be offset? c. How is capital deepening affected by population growth? As it relates to technological progress: a. How does this affect production? Can you rewrite our production function to include technology? b. What policies or incentives can a government provide or create to promote technological progress

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