1.Assume that the per-worker production function is . Further, assume that the saving rate, s = 0.1, the depreciation rate, , and the populationgrowth rate, n= 0. Calculate the following:

(a)The steady-state values of the capital-labor ratio, , output per worker, , investment and saving per worker, and , and consumption, .

(b)The new steady-state values of the capital-labor ratio, output, investment, and consumption (, , and ) if there is a technological progress and A increases from 20 to 25.