Draw a per-worker aggregate production function for Syria before the civil war. Choose some point A showing the combination of physical capital per worker and real GDP per worker of the country that existed at that time. Demonstrate the impact of the civil war. Show any change in the level of capital per worker and the aggregate production function. Label the new combination of physical capital per worker and real GDP per worker as point B. Explain
It may be hard to remember, but Syria was once a fairly peaceful and prosperous country. The civil war has destroyed much of Syria’s infrastructure and caused a large number of highly educated Syrians to flee the country. Use the
Draw a per-worker aggregate production function for Syria before the civil war. Choose some point A showing the combination of physical capital per worker and real
Demonstrate the impact of the civil war. Show any change in the level of capital per worker and the aggregate production function. Label the new combination of physical capital per worker and real GDP per worker as point B. Explain
Post your graphical model and your analysis. When posting an image, please use the "Embed image" icon above so your image shows up in your post instead of forcing everyone to download your graph and open it in another application. Instructions are here.
After you post your solution, you will need to comment on at least one other post. Try to use the discussion to help other students refine their use of the model and their analysis of what's happened in Syria
Step by step
Solved in 4 steps with 2 images
