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1 Immigration in a Solow Economy [15 Points] 1 Consider a Solow model where the production function is Y : K '1 - LlC', where o: : E and Y is aggregate output. If and L are aggregate capital and the population in this economy1 respectively. A constant fraction of output is invested (or saved], 5 = 15%. And the depreciation rate for capital is 5 = 5% and the population growth rate is n = 5%. 1. Suppose that, at Period zero, Ln. = 1 and Hg. = 1. Calculate the growth rate of income per capita at Period zero. 2. Suppose that before Period t'\