.) Output in Rumantily is produced using capital and labor. There is initially a fixed amount of capital (K0), but the amount of labor may be varied in accordance with labor market conditions. What will happen to real wages and employment in Rumantily if aliens drop off enough capital to effectively double the amount of capital available to workers?       Increase, increase       Increase, decrease       Uncertain, increase       Increase, uncertain

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A:

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A: Hi! Thanks for the question but as per the guidelines, we answer up to 3 parts at one time. Kindly…

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