Along the transition according to solows model

Reference no: EM13698192

Explain how the following events affect output, capital and consumption per unit of labor in the long run and along the transition according to Solow's Model:

1) The destruction of 30% of the capital stock because of a natural disaster

2) A permanent increase in the immigration rate.

3) A permanent increase in the labor market participation rate.

4) A permanent increase in the depreciation rate.

5) A temporal increase in the savings rate.

6) A permanent increase in the savings rate.

Reference no: EM13698192

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