The economy's production function is given by Y = f( K, AN ) = K(AN)1-, where, = 0.96. In addition, you know that the savings rate, s, is equal to 14%; the depreciation rate of capital, , is equal to 21%; the growth rate of population, gN, is equal to 8%, and the growth rate of technology, gA, is equal to 20%.

Calculate the economy's steady-state level of capital per effective-worker,kt.

Calculate the economy's steady-state level of output per effective-worker,yt.