Question: With your favorite spreadsheet software, compute steady-state consumption per worker and steady-state output per worker when s = 0; s = 0.1; s = 0.2;

With your favorite spreadsheet software, compute steady-state consumption per worker and steady-state output per worker when s = 0; s = 0.1; s = 0.2; and s = 1. What do you observe?

d. Using your favorite spreadsheet software, plot your results on a graph showing the relationship between the saving rate (on the X axis) and consumption per worker (on the Y axis). Is there a saving rate that maximizes consumption per worker? Explain.

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