Question 5 only

and Sydney Student Authentication reg Home The Univer Library University Learning Centre- Question 5 Derive the equation for the balanced growth path of consumption per person, in terms of the parameters of the model. Explain and show the steps of your derivations. [10 points) Question 6: Consider the following parameterization of the model: 0.33 0.20 0.10 1.10 d 2 0,02 0.95 1.02 3.00 L A Ko Consider the last digit of your 9-digit student ID. For example, suppose your last digit is X. Assumet - X and calculate cx using the expression you derived in 05. [10 points)