Question: Using the graphical representation of the Solow growth model explain what happens in each of the following cases, assuming that the economy is at a

Using the graphical representation of the Solow growth model explain what happens in each of the following cases, assuming that the economy is at a steady state initially.

a) A one-time, permanent improvement in technology decreases the depreciation rate.

b) A change in weather patterns increases the depreciation rate.

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