Please answer this question, thank you so much!

3. Consider the Solow-Swan growth model with the production function Y=AJKN where Y is aggregate output, N is the labor input, and K is the capital stock. Assume A = 10 (there is no technological progress), N grows at a constant rate of 1% per annum, and the depreciation rate (6) is 9% per annum. Recall that the evolution of the capital stock is governed by: AK = sY - 6K where s is the saving rate. A. (12 points ) Suppose at date I the economy is in a steady-state equilibrium with a saving rate of s = 0.20. Calculate the equilibrium values of the real wage and consumption per capita (i.e., per unit of labor). B. (6 points) Now suppose that starting from the steady-state equilibrium of part A, the saving rate drops (suddenly and permanently) to s = 0.10 at date 1". Calculate the capital-labor ratio oi date TH. C. (9 points) Calculate the equilibrium values of the real wage and consumption per capita at date T+I , and briey comment (in words) on how these variables will change over time (i.e., will they increase or decrease), during the transition to the new steady-state equilibrium