Question: 2. An increase in the labor force. Shocks to an economy, such as wars, famines, or the unification of two economies, often generate large one-time

2. An increase in the labor force. Shocks to an economy, such as wars, famines, or the unification of two economies, often generate large one-time flows of workers across borders. What are the short-run and long-run effects on an economy of a one-time permanent increase in the stock of labor? Examine this question in the context of the Solow model with g = 0 and n > 0

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