Show your work clearly. 2. (12.5 points) An economy has a Cobb-Douglas production function: Y = K"(LE) -. The economy has a capital share of 10%, a saving rate of 20%, a depreciation rate of 7%, a rate of population growth of 2%, and a rate of labor-augmenting technological change of 1%. It is in steady state. a. (2.5 points) At what rates do total output, output per worker, and output per effective grow? b. (5 points) Solve for capital per effective worker, output per effective worker, and marginal product of capital. c. (5 points) Does the economy have more or less capital than at the Golden Rule steady state? Why