Winterfell and King's Landing are both agricultural economies that use workers and capital (in the form of
Question:
Winterfell and King's Landing are both agricultural economies that use workers and capital (in the form of agricultural equipment, livestock and farms) to produce food. They have recently been ravaged by the White Walkers, which are zombie creatures coming from the North. The effects of their passage however has been different in the two kingdoms. In Winterfell, the White Walkers have killed (and transformed into zombies) scores of peasants, leaving the farms and the livestock intact. In King's Landing, instead, the damage has been to farms and agricultural equipment, but people were safe inside the wall of the city. Mark the correct answers:
a. The living standards of Winterfell will go down in the long run. The living standards of King's Landing will go up in the long run.
b. The living standards of Winterfell and King's Landing will not be affected in the long run.
c. In the few years after the descent of the White Walkers, economic growth will slow down in Winterfell, while King's Landing will experience a higher growth rate.
d. In the few years after the descent of the White Walkers, economic growth will slow down in Winterfell and in King's Landing.
e. In the few years after the descent of the White Walkers, the economic growth rate will be higher both in Winterfell and in King's Landing.