0.028 0.234 Assume that g + d = .075, a = 1>3 and c = .10 for all countries. Using equation (3.9), estimate the steady-state incomes of these economies, relative to the United States. Consider two extreme cases:

(a) the 1990 TFP ratios are maintained, and

(b) the TFP levels converge completely. For each case, which economy will grow fastest in the next decade and which slowest? Why?