Please provide an answer to the following

Consider the Solow model with technological progress.

a. Draw a graph and explain the determination of steady state capital per effective person. At this steady state, show what is happening to output per person (Y/L) and consumption per person (C/L). (4 points)

b. If this economy is currently in a position where the capital-output ratio is rising, output per person must be growing faster than the rate of technological growth (g), if the saving rate (s), depreciation rate (), and the rate of population growth (n) remain constant. Explain clearly why you agree or disagree. (4 points)

c. Suppose now there is no technological change, and the production function is Y= K ^1/3L ^2/3 . Explain whether the marginal products of capital and labour will increase, decrease or remain unchanged during the economy's adjustment to the new steady state following a decrease in the rate of depreciation of capital (). (4 points)