Metru Nui is an island city with a labor supply = 50,000 and a capital stock = 500 Their production function is = 1 2 1 2. Their economy is well described by the following equations: = + + + = 250 + 0.75( ) = 1000 50 = 1000 = 1000 = 0 There is no trade because they are located far below the surface of the island Mata Nui. Let the price level equal 1. What is , and ? What is the wage and interest rate in this economy?