Question: answer fast please Stacked Capital Accumulation as a Source of Growth - Work It Out Question Country A and country B both have the production

answer fast please

answer fast please Stacked Capital Accumulation as a Source of Growth -

Stacked Capital Accumulation as a Source of Growth - Work It Out Question Country A and country B both have the production function. Y = F(K, L) = K 1/21 12 C. Assume that neither country experiences population growth or technological progress and that 5 percent of capital depreciates each year. Assume further that country A saves 10 percent of output each year and country B saves 20 percent of output each year. Using your answer from part b and the steady-state condition that investment equals depreciation, find the steady-state level of capital per worker (k*), income per worker (y*), and consumption per worker (c*) for each country. For Country A For Country B k* for Country A: k* for Country B: y* for Country A: y* for Country B: c* for Country A: c* for Country B

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