Question: Explained solutions needed ..thank you Q1 a)Why does the composition of a country's capital stock impact its economic growth potential b)Why does the shape of

Explained solutions needed ..thank you

Q1

a)Why does the composition of a country's capital stock impact its economic growth potential

b)Why does the shape of a country's population pyramid affect its potential GDP growth

Q2

a)According to the Keynesian school, how should policy makers respond to a fall in aggregate demand?Briefly explain why

b)According to the Monetarist school, how should policy makers respond to a fall in aggregate demand?Briefly explain why

c)When faced with the 2020 COVID-19 crisis, policy makers around the world responded with a blended policy which followed the recommendations of both schools of thought.Briefly explain why they would have done this

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