Q2 Transitional growth 5 Points Consider the Basic Solow Model without exogenous growth: Y = AK@[1-a C = (1 -S) Y Y = C+I K' = I+ (1 -8)K where labor _ is constant. Assume the following values for the rest of this question: A = 100 a = 0.35 s = 0.15 6 = 0.09 L = 20 Suppose that initially, total capital (not per worker) is Ko = 1000 Q2.1 1 Point Compute capital per worker in the initial year. Round your answer to at least three decimal places. Enter your answer here Save Answer Q2.2 1 Point Compute output per worker in the initial year. Round your answer to at least three decimal places. Enter your answer here Save AnswerQ2.3 1 Point Compute capital per worker in one year (i.e., compute k'). Do this by hand or use a spreadsheet or other numerical tool. Round your answer to at least three decimal places. Enter your answer here Save Answer Q2.4 1 Point Compute output per worker in one year (i.e., compute y'). Do this by hand or use a spreadsheet or other numerical tool. Round your answer to at least three decimal places. Enter your answer here Save Answer Q2.5 1 Point Calculate the growth rate of output per worker between years 0 and 1 as: y' - y y Round your answer to at least three decimal places. Enter your answer here Save