5) The Solow model focus on how resources affect output. This module/week, you focused on capital. a. Name the other two major categories of resources. b. Draw an aggregate production function with a typical shape; label this function F. (label all curves and axis). c. Draw a second production function that indicates a technological advancement; label this new function F1. (label all curves and axis).

5) The Solow model focus on how resources affect output. This module/week, you focused on capital.
a. Name the other two major categories of resources.
b. Draw an aggregate production function with a typical shape; label this function F. (label all curves and axis).
c. Draw a second production function that indicates a technological advancement; label this new function F1. (label all curves and axis).

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