Consider Swan Island, an economy described by the Solow model. There is no population growth or technological progress. The production function is y = 20k 3. The initial capital stock per worker is 125. According to the national income accounts, investment equals 18 percent of national income, and depreciation equals 12.5 percent of national income. Calculate the following: a. National income y = b. Consumption C= c. Saving rate d. Depreciation 5k = e. Depreciation rate 6= f. Change in the capital stock in the next period Ak = g. Steady-state capital stock 4* = h. Steady-state income y* =