Now the economy has the following production function: Yl=3Kl, but savings rate, depreciation rate, and population remain the same. (d) What is the per-worker production function, yt=(kt) ? Define yt=LtYt. (e) Find the equation for the evolution of capital per worker in terms kl and kt+1. (f) Find the long-run growth rate of output per worker. 3 (g) Explain why the economy with production function (2) explain persistent growth without the assumption of exogenous technological progress. How does this differ from the economy with production function (1)? Now the economy has the following production function: Yl=3Kl, but savings rate, depreciation rate, and population remain the same. (d) What is the per-worker production function, yt=(kt) ? Define yt=LtYt. (e) Find the equation for the evolution of capital per worker in terms kl and kt+1. (f) Find the long-run growth rate of output per worker. 3 (g) Explain why the economy with production function (2) explain persistent growth without the assumption of exogenous technological progress. How does this differ from the economy with production function (1)