Please see question 3

Question 3. Assume that Macrolakes is at the Steady State. Using the illustration of the Solow Growth Model, explain what happens to the Steady State values if foreign workers immigrate to Macrolakes. Fully label your figure. Question 4. Assume that Macrolakes is at the Steady State. Using the illustration of the Solow Growth Model, explain what happens to the Steady State values if a portion of Macrolakes' Capital is destroyed by a natural disaster. Fully label your figure. Page 3 of 3