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This is a macroeconomics question. 2 Growth 2.1 Epidemic In the context of the Solow model we analyzed in class, consider a country that is

This is a macroeconomics question.

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2 Growth 2.1 Epidemic In the context of the Solow model we analyzed in class, consider a country that is operating at its steady state. Then, suddenly and unexpectedly, a large-scale epidemic hefalls the country, tragically causing a one-time drop in the country's total population. (a) Show graphically what this country's saving and depreciation curves look like before and after the epidemic. Also explain your results in words. (h) Sketch the time path of output per capita before and after the epidemic. 111 words, explain what happens to output per capita. in the short run and in the long run and why

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