Question 1 (Round up the answer to two decimals if needed) Consider an economy with a production function given by Y = K->(EL)/>. The depreciation rate is $ = 0.1, the population growth rate is n = 0.01 and the technological growth rate is g = 0.05. The economy's current savings rate is s= 0.25 and the current level of capital per effective worker ko = 1. Answer the following questions. 1. What is the consumption per effective worker in the current year (Co) ? 2. What is the capital per effective worker in the next period (K 1) ? 3. What is the steady state level of output per effective worker (y*) ? 4. Find the golden rule level of output per-effective worker (VC) ? 5. Compare the economy's savings rate with the golden-rule savings rate. Is the economy saving less or more