Imagine a country initially characterized by the widespread use of unskilled child labor in the manufacturing industry. The country introduces a comprehensive structural reform agenda. This includes increasing the compulsory years of schooling from a minimum of 5 years to 10 years, and enhancing the number and quality of high schools and universities. ### **Sub-question 2.1** Discuss critically how these structural reforms may affect the GDP per capita and government budget balance of this country in the short-run and long-run. **[25%, Word Limit: 500]** ### **Sub-question 2.2** How would your response to question 2.1 change based on the policies that influence the distribution of the educated adult workforce between the manufacturing industry and R&D-related activities in the long run? **[25%, Word Limit: 500]**