6. Solow Model a) Consider the following production function Yt = KO.25N0.75. Further assume that the savings rate is equal to s = 0.15 and that the depreciation rate is 8 = 0.05. Use the Solow model without population and technological growth to compute the steady state values of capital per capita and output per capita (round results to 3 decimals). Show all steps in your calculations. [10 points] b) Continue using the production function Yt = KO.25N0.75 and the assumptions that the deprecation rate is 8 = 0.05, there is no population growth, and there is technological growth. Compute the savings rate that maximises consumption per capita in the steady state (round results to 3 decimals). Show all steps in your calculations [10 points]