Derive a relationship relating the growth rate of output-per-worker to the level of output-per-worker (and parameters) and use this relationship to find an expression for output-per-worker in steady state. Explain what it means for output-per-worker to be in steady state. Use a Solow-Swan diagram to illustrate the transition dynamics and the long-run effects of an increase in technology, A.

Question Two Consider an economy where output-per-worker, y(t), is produced according to the production function: y(t) = AW)\