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(Productivity Slowdown) Due to the spread of serious disease, a half of people died at time t,. After time 1,, the disease disappeared. to time
(Productivity Slowdown) Due to the spread of serious disease, a half of people died at time t,. After time 1,, the disease disappeared. to time 3) Find out the long-run impacts of the disease on the growth rate of GDP per worker. 4) Find out the Jong-run impacts of the disease on the growth rate of GDP. 5) Draw figure that shows what happens over time to GDP per effective worker. Indicate the new steady state in the figure. Please draw it on your answer sheets. t time
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