Question 41 (5 points) [5 Points) Suppose the aggregate production function in METU is _ 1/3 2/3 YI _ AK. N, Assume A is constant and equal to 2. (i) Assume that saving rate is equal to 0.32, population growth 0.03, and the depreciation rate 0.05. What is the steady state level of output per worker? (ii) If the saving rate decreases to 0.10, what would be the steady state level of output per worker? To have a full mark in this question, you NEED to show your calculation and solution (with all the steps} in the nal exam file posted underAssessment-Assignment) O a) (i) Around 1.88 (ii) Around 1.49 O b) (i) Around 8.61 (ii) Around 5.81 O c) (i) Around 5.66 (ii) Around 3.16 0 d) None of the answers are correct 0 e) (i) Around 15.06 (ii) Around 10.39