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Thank you. . Production and income distribution: Consider and economy with the following production technology: Y = git/Um?- where the aggregate capital stock is K

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. Production and income distribution: Consider and economy with the following production technology: Y = git/Um\"?- where the aggregate capital stock is K = 10, and aggregate labor is N = 10. The price of output is 1. (a) Compute the equilibrium wage and capital return. (b) Compute total payments to labor and capital. (0) Show Euler's Theorem holds, i.e. Show that total payments to capital and labor equal the value of output. (d) What share of output goes to labor and capital? (e) Suppose there is an increase in K1 what would be the impact on wages and capital returns? Explain

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