I need help on number two can you use this graph to explain a short paragraph 2. Russia's economy is becoming increasingly isolated in response to its invasion of Ukraine.In addition to economic sanctions levied by sovereign nations, private enterprise in manyinstances has also voluntarily halted operations and disinvestment within the county. Usethe neoclassical growth model discussed in class to explain how this type of disinvestment,if it persists, will impact the Russian economy's ability to converge with the West's. Please.include figures in your explanation. Neoclassical Growthy$per-capita capital grows.Neoclassical GrowthEx.,Let's assume the following:k*y = k-²S = .15d = .1What is k* and y*?Just solve for k that sets sk²= dk0.15k ² = 0.1k⇒k* =0.150.1Oÿ'= 1.66-y.(n + d) ksxyper-capita capital falls.-kHow does this solution change if we alter s or d? Or, introduce apositive n term?318/1919/19

The neoclassical growth model is an economic theory that explains long-term economic growth by…

Neoclassical Growth Ex., Let's assume the following: y = k-² S = .15 d = .1 What is k* and y*? Just solve for k that sets sk2= dk 0.15k-² = 0.1k ⇒k (0.15) * = 1.66 How does this solution change if we alter s or d? Or, introduce a positive n term?

Neoclassical Growth Ex., Let's assume the following: y = k-² S = .15 d = .1 What is k* and y? Just solve for k that sets sk2= dk 0.15k-² = 0.1k ⇒k (0.15) = 1.66 How does this solution change if we alter s or d? Or, introduce a positive n term?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 35 What have you learned about Microeconomics that you did not know before taking this class?
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