an economy is described by the Solow-Swan model with the following variables,

E(t)=1

The saving rate is 0.41 per year.

Labor's share of income is 0.44.

The growth rate of labor efficiency is 0.03 per year.

The growth rate of the labor force is 0.02 per year

Depreciation is 0.09 per year.

calculate the steady-state value of the capital-to-labor ratio,K/L

Enter your answer to two places after the decimal. If you answer is 12.34%/year then enter 12.34)

If an economy is described by the Solow-Swan model and is on the balanced growth path the following variables,

The saving rate is 0.39 per year

Labor's share of income is 0.57

The growth rate of labor efficiency is 0.025 per year.

The growth rate of the labor force is 0.019 per year.

Depreciation is 0.079 per year.

calculate the growth rate of aggregate capital in percent per year to two places past the decimal.

(Enter your answer to two places after the decimal, e.g.. 15.23)