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Answer the multiple choice question on the picture An economy has the per-worker production function y = k1/3 , where y is output per worker

Answer the multiple choice question on the picture

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An economy has the per-worker production function y = k1/3 , where y is output per worker and k is capital per worker. Capital accumulation follows:k = sy - (n + 6)k. The saving rate S is 0.15, the depreciation rate of capital 6 is 0.05, and the population growth rate /7 is 0.015. What is the steady state value of output per worker? O a. 1.52 O b. 1.75 O C. 1.20 O d. 3.51

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