Assume the production function for the economy is Y = K13(EL)23, the marginal propensity to consume is 90% the depreciation rate is 2%, the rate of technological progress is 1%, and the population growth rate is 2.5%. 1. Find the steady state capital stock (in per effective worker terms). Please round to the third decimal place (thousandths place). [5] 2. Compute the steady state output, consumption, and investment (using lower-case letters to denote per- effective worker terms). Please round to the third decimal place (thousandths place). [6]