If this item does not open automatically you can open HW 5 here 2. Consider the Neoclassical Growth model as discussed in class, with parameters ko = 320, B = 0.97, A = 1.0, a = 0.2, 6 = 0.05. Of the following, which is the largest value ? a. C10 + K11 - Akio - (1 - 6)k10 b. Css + kss(6 - Akss c. 3.4 d. kss e. All values are equal 3. Consider the Neoclassical growth model as discussed in class, where the economy starts out at steady state. If, say in period 10, consumers in the economy have a shift in preferences that increases their patience (the valuation of future consumption becomes larger relative to current consumption). If we denote the initial state as kss and the new steady state as k?. Which of the following should hold? a. kys > ka b. kys