J. lUlllL VV Ull\\ J 1. Consider the Augmented Solow Model, given by equations (6.6)-(6. 18) in the textbook. We assume TFP is constant. The production function is Cobb-Douglas and given by F (K, ZN) = K\"(ZN)1'', or E (0,1). a. Suppose up until time t, the economy is in a steady state with labor augmenting productivity growing at rate :, and labor growing at rate n. At time I, there is a permanent decrease in labor growth, from n to 0. That is, in every period 3 > t, N, = Nt. In a figure such as Figure 6.1, show the dynamics of capital per efficiency units of labor, kt. b. Then in a set of figures such as Figure 6.3, plot the behavior over time of E, 3'1}, fr, it, In (wt), and Rt. c. Plot the dynamics of the growth rate of output per worker 93, over time, in a figure like those in part (b). d. The golden rule of savings is the saving rate, 59\