Draw the graph of the per worker production function and show the impact of the

Draw the graph of the per worker production function

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4.Draw the graph of the per-worker production function and show the impact of the country adding more ofexisting types of capital for each worker. Assume that the initial amount of capital per worker is $100,000 andlabor productivity (Y/L) is $50,000. Also, what does this graph describe – labor productivity or K/L? 5.a. Carefully describe how the most recent U.S. jobs report (for February) leaves a puzzle for the Fed. b. Whathappened to the unemployment rate from January to February and why did it change? a. The unemployment rate is about as good as one could expect, so it is reasonable to quit stimulating the economy as it has been doing with low interest rates. But, real wage growth is very modest a best and many have quit the labor force. Thus, it may be sensible to continue to stimulate the economy. b. The unemployment rate fell (from 5.7% to 5.5%) and it fell due to people leaving the labor force.
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