27) If there is an increase in TFP (z) in the Solow growth model, the social planner would choose to: (choose one) - Decrease population growth rate and increase steady-state per capita consumption. -...

- Decrease population growth rate and increase steady-state per capita consumption.

- Decrease per capita capital stock and decrease steady-state per capita consumption.

- Increase per capita capital stock and increase steady-state per capita consumption.

- Increase population growth rate and decrease steady-state per capita consumption.

28)Consider the bathtub model of unemployment. All other things being equal, if there is an increase in the fraction of qualified workers looking for jobs, then equilibrium unemployment _______ (choose one)