Please help me with this And just ignore part d about CH3

(c) Now, describe how the N curve adjusts. Can we say with certainty what happens to the level of overall employment in equilibrium, N*? Explain why or why not. (d) What are the effects on consumption C and investment / after a decrease in z? Briefly justify your answer. Are N, C, and / procyclical or countercyclical in the model? Are these predictions based on our model in line with the business cycle facts we studied in Chapter 3?2. [20 points] After the onset of the CovidIQ pandemic1 the provincial government in troduced a number of additional regulations regarding workplace behaviour: regular disinfection and cleaning1 distancing between workers1 wearing of PPE' and many more. These, together with the direct impact of the illness because of absences, quarantines and more, put a big strain on single rms and the economy as a whole. In our models from class? we can model these impacts as a temporary decrease in current to- tal factor productivity, 1. In this exercise, we want to analyze the consequences of this drop in .2 using the real intertemporal model with investment from Chapter 1]. Throughout the exercise we assume that the economy's production function is Y = zK \"N 1'\". {a} In the two graphs depicted here1 you see the production function and the labour market clearing before the decrease in 2. Use graphs like these to trace out the changes to production Y and labour demand Nd after a decrease in 2. Make sure that your drawings are accompanied by brief explanations in text form. I'IIHI'uN} (b) Using a graph of the goods market clearing like the one you see here, show how the changes in labour demand and production aect the output supplyr curve and overall equilibrium on the goods market; Make sure that your drawings are accompanied by brief explanations in text form. I: III. lulu-rut III:- V: fulll" Mp"