Question 5 Suppose there are two very similar countries (call them E and F). Bot

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Question 5 Suppose there are two very similar countries (call them E and F). Both countries have the same population and neither is experiencing population growth (that is, N is identical and constant in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and there is no technological progress. Suppose that currently both countries are in steady state, when an earthquake destroys half of the capital stock of Country E, and also kills half of its population. We would expect A.That Country E's output per worker open parentheses Y over N close parentheses will grow faster than Country F's only for some time. B.That Country F's output per worker open parentheses Y over N close parentheses will grow faster than Country E's only for some time. C.That Country F's output open parentheses Y close parentheses will be higher than Country E's only for some time. D.That Country F's output open parentheses Y close parentheses will be higher than Country E's permanently. 1 points Question 6 Suppose there are two very similar countries (call them E and F). Both countries have the same population and neither is experiencing population growth (that is, N is identical and constant in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and there is no technological progress. Suppose that currently both countries are in steady state, when an earthquake destroys half of the capital stock of Country E, but does not kill any of its population. We would expect A.That Country E's output per worker open parentheses Y over N close parentheses will grow faster than Country F's only for some time. B.That Country F's output per worker open parentheses Y over N close parentheses will grow faster than Country E's only for some time. C.That Country F's output open parentheses Y close parentheses will be higher than Country E's only for some time. D.That Country F's output open parentheses Y close parentheses will be higher than Country E's permanently. 1 points Question 7 Suppose there are two very similar countries (call them G and H). Both countries have the same population and both are experiencing population growth at the same rate (that is, N and g subscript N are identical in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and technological progress happens at the same rate in both countries. Suppose that currently both countries are in steady state, when an earthquake destroys half of the capital stock of Country E, and also kills half of its population. We would expect A.That Country G's output per effective worker open parentheses fraction numerator Y over denominator A N end fraction close parentheses will grow faster than Country H's only for some time. B.That Country H's output per worker open parentheses fraction numerator Y over denominator A N end fraction close parentheses will grow faster than Country G's only for some time. C.That Country H's output open parentheses Y close parentheses will be higher than Country G's only for some time. D.That Country H's output open parentheses Y close parentheses will be higher than Country G's permanently. 1 points Question 8 Suppose there are two very similar countries (call them G and H). Both countries have the same population and both are experiencing population growth at the same rate (that is, N and g subscript N are identical in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and technological progress happens at the same rate in both countries. Suppose that currently both countries are in steady state, when an earthquake destroys half of the capital stock of Country G, but does not kill any of its population. We would expect A.That Country G's output per effective worker open parentheses fraction numerator Y over denominator A N end fraction close parentheses will grow faster than Country H's only for some time. B.That Country H's output per effective worker open parentheses fraction numerator Y over denominator A N end fraction close parentheses will grow faster than Country G's only for some time. C.That Country H's output open parentheses Y close parentheses will be higher than Country G's only for some time. D.That Country H's output open parentheses Y close parentheses will be higher than Country G's permanently. 1 points Question 9 Suppose there are two very similar countries (call them G and H). Both countries have the same population and both are experiencing population growth at the same rate (that is, N and g subscript N are identical in both countries). Both countries depreciate capital at the same rate, the both have the same savings rate, they both have the same technology, and technological progress happens at the same rate in both countries. Suppose that currently both countries are in steady state, when an earthquake hits both countris. In country G it destroys half of the capital stock, but does not kill any of its population. In country H it kills half of the population, but it does not affect the country's capital stock. We would expect A.That Country G will experience a period of increase in capital per effective worker open parentheses fraction numerator K over denominator A N end fraction close parentheses . B.That Country H will experience a period of increase in capital per effective worker open parentheses fraction numerator K over denominator A N end fraction close parentheses . C.That Country G will experience a period of decrease in capital per effective worker open parentheses fraction numerator K over denominator A N end fraction close parentheses . D.That Country H will experience a period of decrease in capital per effective worker open parentheses fraction numerator K over denominator A N end fraction close parentheses .

Explanation / Answer

Ans. 5. (C) hat Country F's output open parentheses Y close parentheses will be higher than Country E's only for some time.

Ans. 6. (C) That Country F's output open parentheses Y close parentheses will be higher than Country E's only for some time.

Ans. 8. (B). That Country H's output per effective worker open parentheses fraction numerator Y over denominator A N end fraction close parentheses will grow faster than Country G's only for some time.

Please repost the question in good format. It looks messy and difficult to ans in this format.

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