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erm1_Fall_18 IOOC_versionA.pdf (156 KB) E. It = (1 s)Yt 6. Consider the Solow growth model where the production function is Cobb-Douglas with as the total factor productivity and a as the capital share. The steady-state capital stock per worker is: C. (S /)l-a E. (s/d)0 7. In the textbook Solow growth model, an increase in the savings rate the steady-state capital stock per worker, steady-state output per worker, and steady-state consumption per worker. A. B. C. Reduces; Reduces; Reduces Raises; Raises; Raises Raises; Reduces; Reduces