a) True or false? The higher the steady-state capital-labour ratio is, the more consumption each worker can enjoy in the long run. Explain your answer. (1+3 = 4 points) b) The aggregate production function in Redland is Y = 3K9-519.5 i. What is the per-worker production function, y = f(k)? (2 points) ii. Let's assume the depreciation rate of capital is 0.1, the population growth rate is 0.08, and Redland saves 30% of its total income. Derive the steady-state values of the capital-labour ratio, output per worker, and consumption per worker. (4+ 1.5 + 1.5 = 7 points)