The S-shape (capacity) curve (Answer the questions below each graph) Income from Work C Inherited Income 1. From the graph above, write out where would you end up if you start with income y's in the next 3 periods? Where would you end up in the long run? 2. From the graph above, write out where would you end up if you start with income y, in the next 3 periods? Where would you end up in the long run?Income from Work E Yo YI Inherited Income 3. From the graph above, where would you end up if you start with income y, ? Illustrate the steps. Give a real-life example of why the S-curve here is higher than the one in question a and b? How does this new S-curve affect the initial poverty trap in question a and b