need quick answer

Question 31 2 pts Country A is a Solow economy with the following production function F(K, L) = AKOLI-, with A and L exogenously given. Assume the capital share in output is equal to 1/3, the saving rate is 20% and the depreciation rate is 10%. What happens to the steady state level of consumption if depreciation rate drops to 5%? O It decreases It increases O It stays constant O The effect of the change in depreciation rate on steady-state consumption is ambiguous. Question 32 2 pts Consider the following statement in the context of the Solow model: "Countries with a lot of capital will not be able to raise GDP per capita by much through more capital accumulation". This statement is true, but why? Is it because of: O Diminishing returns to capital. O Increasing return to scale. O The depreciation rate is negative. O The coefficient of the Cobb-Douglas production function sum up to more than one