Question: thank you Given the production function, y = kA1' assume that the economy is in equilibrium in year zero with 3,4 = 0.02 s =

thank you

$thank you Given the production function, y = k\"A1'\" assume that the$

Given the production function, y = k\"A1'\" assume that the economy is in equilibrium in year zero with 3,4 = 0.02 s = 0.2 gr. = 0.02 or = 1/3 5=0.12 Ao=$100 Beginning in year zero, the growth rate of labor input doubles to four percent. Output per worker in year zero is unaffected, but the faster growth of labor input effects the level of output per worker in each subsequent year. 1. Calculate the level of output per worker in year two. [Round your answer to the nearest thousandth]

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