Consider the Solow model presented in the lecture. Use the Cobb-Douglas pro- duction function Y = K (AL)-, 0

Consider the Solow model presented in the lecture. Use the Cobb-Douglas pro- duction function Y K a (AL) 1 a < 1. Let K/ (AL) . (a) Show that the dynamic equation for Ice is ice (n (5 g) Ice. (b) Show that the steady state is S (1)