The fastest way to get a permanent resident cardis sponsorship by a family member as seen in the hit TV show "90 Day Fiance,"but there are other methods. One of the least well known is the EB-5 program. Here is a simplified description of how it works:

1. You must first provide $500,000 of financing to an eligible U.S. business for capital investment.

2. After a while you get a permanent resident card and can move to the U.S. to live and work.

Use the neoclassical model as a framework for answering the two questions below:

i. What is the likely long run effect of this program on the real interest rate in the U.S.?Give a clear explanation of your reasoning.

ii. What is the likely long run effect of this program on the real wage in the U.S.? Give a clear explanation of your reasoning.