This paragraph provides the context for the following question: "According to one estimate, between 1870 and 1910 emigration lowered the Swedish labour force by 20 per cent, and increased real wages by 7.5 per cent; the equivalent figures were 24 per cent and 10 per cent for Norway, 39 per cent and 28 per cent for Italy, and no less than 45 per cent and 32 per cent for Ireland. Industrialisation and the demographic transition eventually allowed Europe to definitively break free from the Malthusian trap. But in the interim, emigration gave Europe vital breathing space." (from Kevin O'Rourke "Migration and the Escape from Malthus," in Critical Quarterly, Vol. 57(3), 93-97). "} Consider a hypothetical economy whose production function and subsistence requirements are as described in the table below. Draw exclusively upon your understanding of the Malthusian model of economic stagnation in order to address the following questions. Population 0 Production/Output 0 Subsistence Requirement 0 1 10 6 2 18 12 3 24 18 4 28 24 5 30 30 6 31 36 1. What would be the subsistence equilibrium level of the population and of the output per person at the long-term equilibrium of this economy? 2. Suppose that emigration reduces the population of the country by two units from the equilibrium level you identified at (1.). What would happen to the output per person as a result of the drop in population? 3. Absent any further changes, would the change in the output per person you described at (2) persist over the long-term?