16. For a given value of s = 0.2 and 8 = 0.05, the steady state level of capital per worker k* = Consequently, the output per worker i.e. y* = k3 = Consumption per worker = and saving per worker = 17. The condition for Golden Rule level of capital stock is 18. Using the model we studied in class, we know that at the steady state, the out per worker (y) remains same from one period to the next. Use the following information and argue that at the steady state the growth of Y is equal to the growth rate of L