3. Compute the steady state values, y n* = r: and u* = k;, under these specifications. Assume that both economies, the open and the closed, start in their steady states and then, as from period one, say, the total factor productivity increases permanently up to 8' = 2. Compute the new steady state values for national income per capita and for wealth per capita for both economies. Describe in principle how the permanent productivity shock considered affects the transition diagrams and the accumulation of wealth and capital, respectively, in the open and the closed economy.