Suppose that an economy has the per-worker production function given as: W= 3.'\\'0'5 i where y is output per worker and k is capital per worker. In addition, national savings is given as: S; = 0.710Y}, where S is national savings and Y'is total output. The depreciation rate is d = 0.05 and the population growth rate is n = 0.05. The steady-state value of the capital-labor ratio, k is 9.00. The steady-state value of output per worker, y is 9.00. The steady-state value of consumption per worker, is 8.100. Suppose a new production function is given as: Y = 4k, and savings function s, = 0.10Y, The depreciation rate is d = 0.05 and population growth rate is n = 0.05. (Enter all responses as decimals rounded up to three places.) What is the new steady-state value of the capital-labor ratio, k? D