Question: 1 a. Using the per-worker production function graphs below, show the effect on real GDP per hour worked of an increase in capital per hour

1 a. Using the per-worker production function graphs below, show the effect on real GDP per hour worked of an increase in capital per hour worked, holding technology constant. Now, again using the per-worker production function graph, show the effect on real GDP per hour worked of an increase in technology, holding the quantity of capital per hour worked constant.

Real GDP per hour worked, Y/L Production Functionz $65 Production 55 Function, 50 $100 125 Capital per hour worked, K/L

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