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detail plz Suppose the per-worker production function is y = 105. Rate of depreciation (6) is 0.05. 1. (3 points) Calculate the golden steady state

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Suppose the per-worker production function is y = 105. Rate of depreciation (6) is 0.05. 1. (3 points) Calculate the golden steady state of capital per worker kool? 2. (2 points) What is the golden steady state of savings Sgold? 3. (4 points) Suppose in this economy, steady state of capital per worker is k* is 150. Should the government pursue policy to increase or decrease the savings rate to maximize con- sumption? Use a graph to explain. 4. (6 points) In a graph with time on the x axis, show the transition of output per worker (y), consumption per worker (c) and investment per worker (i) to the new steady state from k* = 150 to gold

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