These questions all refer to the following figure and information. Various economic data are depicted graphically in the figure, with standard Solowian assumptions at play. Rates of depreciation, population growth and savings are given by d, n, and s respectively, with super-scripts giving variations of population and savings rates. (n' + d)k Y s* y 1- - (n"+ d)k s* * y ---- (n""+ d)k S* * *y K O A BC DEF (K/L)For the options below, choose one, or more than one, that best answers the question given below. Suppose an economy has population growth rate n"and savings rate 3'\" and sits at Location A. Under Solow's assumptions which locations will this economy transition through on its way to its 'balanced growth path"? [Choose MORE THAN ONE] SEIECT one or more: I: a. Location 0 C b Location A l: c Location B l: d Location C C e Location D E f Location E I: g Location F I: h None of the options Suppose an economy sits at location C with population growth rate n"and is looking at a policy to encourage much higher savings, shifting the aggregate rate from around s***to 3*. Where is the economy likely to end up over the long-run? [Choose ONE] Select one or more: I: a. Location 0 I: b Location A I: c Location B C d Location C C e Location D l: 1' Location E E g Location F I: h None of the options For all the combinations of n and s that result in an equilibrium for a some economy, which location or locations are stable equilibria? Select one or more: O a. Location O O b. Location A O c. Location B O d. Location C O e. Location D Of. Location E O g. Location F O h. None of the optionsSuppose an economy is at location D with savings rate smand population growth rate n\". The government is considering what will happen if the population growth rate is shifted rapidly and permanently to n'. What is the rst location provided that the economy will transition through on its way to a new balanced growth path? [Choose ONE] SEIECT one or more: C a. Location 0 C b. Location A C c. Location B I: d. Location C I: e. Location D E f. Location E C g. Location F l: h. None of the options An economy presently sits at location C with savings rate s*** and is facing a sustained arrival of immigrants, raising its population growth rate beyond its present rate of n". Which locations is the economy unlikely to arrive at in the long run without increasing its savings rate? [Choose MORE THAN ONE] Select one or more: a. Location O O b. Location A O c. Location B O d. Location C O e. Location D Of. Location E O g. Location F O h. None of the options