The economy of North Haverbrook is comprised of 30,026 working able inhabitants and hold a capital stock of 45,000. Through empirical work, it was discovered that the share of labour income (wage) was 10% of GDP (turns out they don't have schools), share of capital was 90% and that using a cobb-Douglas production function was able to properly approximate the production behaviour of this economy. And that tech (A) is 1. [2 points] what will be North Haverbrook's output? [2 points] what is the equilibrium real wage rate? [2 points] what is the equilibrium real capital rental rate? [3 points] Given it's current situation, should North Haverbrook follow a policy to increase its labour force, or increase its capital stock? (having for goal to increase output). Why? Show your logic. [3 points] Given it's currency situation (independent of d) ), should North Haverbrook follow a policy which would increase schooling, which will increase the share of labor to 15% (share of capital changes to 85%), or should it alternatively increase capital stock by 1000. Which will be its best option (having for goal to increase output). Why? Show your logic.