Question: A country has the per - worker production function yt = 6 kt 2 / 3 , where yt is output per worker and kt

A country has the per-worker production function yt=6kt2/3, where yt is output per worker and kt is the capital-labor ratio. The depreciation rate is 0.1 and the population growth rate is 0.1. The saving function is St=0.1Yt, where St is total national saving and Yt is total output. (a) What is the steady-state value of capital-labor ratio? (4 points)(b) What is the steady-state value of output per worker? (3 points)(c) What is the steady-state value of consumption per worker? (3 points)

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