Question 6 (60% of points): Consider the Swan-Solow model of economic growth. [Hint: Question (c) below goes beyond the subject matter discussed in the lecture and requires you to think independently.] a) Draw a suitable diagram with a typical Aggregate Production Function in it. [5% of points] b) Draw a typical Investment curve into the diagram. Briefly explain how you came up with the curve and what you need to know to exactly pin it down. [10% of points] c) Draw a typical Depreciation curve into the diagram. Briefly explain how you came up with the curve and what you need to know to exactly pin it down. [10% of points] d) Briefly define the steady state and show it in your diagram. [5% of points] e) It has been argued that corruption affects economic growth (e.g. Mankiw/Taylor, 5th ed., pp. 479-480). Explain which of the curves in your diagram is most plausibly affected by a reduction in corruption in an economy, and what this effect would be. [15% of points] f) Use your diagram to show how the effect that you have identified in part (c) affects the steady state in the model. [15% of points]