Question: Using the figure below, answer the questions: [4 marks] Real GDP per hour worked, Y/L 17.000 16 400 16 000 D Production function3 B

Using the figure below, answer the questions: [4 marks] Real GDP per hour worked, Y/L 17.000 16 400 16 000 D Production function3 B 15000 E 0 Production function2 Production function $50 000 $60 000 $70.000 Capital per hour worked, K/L a. What does the movement from A to B to C illustrate? b. What does the movement from A to E illustrate? C. What does the movement from A to B to D illustrate? d. What does the movement from E to B to D illustrate?

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