Output per capita: y = 31.51.5 Depreciation rate: d = 0.10 Growth rate of population: n = 0.05 Savings function: S = 0.3Y Based on the above information: a) Calculate the capita labor ratio (k) and output per capita at the steady state equilibrium. b) Say the savings rate in Country AAA has increased to 0.5. Everything else remain the same. Calculate the capital labor ratio (k) and output per capita at the steady state in this case. c) What conclusion can you infer from the answers to question a) and b) above