Question: Consider the following Solow Model production function: _ o: loc 1; = Fug, Lt) = AKt ((1 1.9a) whereby a is the natural unemployment rate,

Consider the following Solow Model production function: _ o: loc 1; = Fug, Lt) = AKt ((1 1.9a) whereby a is the natural unemployment rate, E is technological progress and is constant while Lt grows at rate a = iL. a) Express mathematically the output per worker. (1 point) b) Write down the capital accumulation equation and nd mathematically the steady state capital per person, If, and output per person, y\". (2 points)

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