1.Singapore’s Growth in the Capital Stock. From 1960 until 2006, Singapore’s capital stock grew rapidly, averaging almost 10 percent per year. Draw a graph to illustrate how this increase in the...

1.Singapore’s Growth in the Capital Stock. From 1960 until 2006, Singapore’s capital stock grew rapidly, averaging almost 10 percent per year. Draw a graph to illustrate how this increase in the capital stock shifted the production function.

2. The Production Function and Emigration. During the potato famine, many workers left Ireland. Show how this affected output using a production function.