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For each statement, discuss whether you think the claim is true, false, or uncertain. Support your answer in a few sentences and diagrams, and possibly some equations. You will not need any lengthy mathematical derivation for this part.

Part 1 (40 points) For each statement, state clearly whether you think the claim is true, false, or uncertain. Support your answer in a few sentences and diagrams, and possibly some equations. Answer each question in a separate page (either side of the page) and clearly indicate which question you are discussing in each page. 1. In the Solow growth model, if we assume the standard properties of the production tech- nology, which are discussed in class, the economy tends to move toward the steady state with positive capital stock per worker. 2. In the endogenous growth model of human capital accumulation discussed in Chapter 8, the representative household's action and government's policy could have no impact on the growth rate of the economy. 3. If the household prefers more to less, then indi'erence curves representing the household's preferences cannot cross. 4. The representative producer's optimal labour demand is independent of the amount of capital in the economy