If the capital-labor ratio equals 1.5 in the steady state, depreciation equals 20, and dilution equals 10, investment per worker equals

Suppose that nuclear power plants are banned. What are examples of the opportunity costs of this decision?

What will be an ideal response?

For this question, assume that expectations of productivity growth adjust slowly. Now, suppose that there is a 3% reduction in productivity. Explain how this 3% reduction in productivity can cause changes in the unemployment rate

What will be an ideal response?