Suppose that the economy's production function is given by Y = K1_'(AN)' where or is 1/3. A Mewrite the production function in \"per effective worker\" basis and denote it as f(k) where k = % To answer questions B and C, assume the saving rate is equal to 15% and the rate of depreciation is 7%. Suppose further that the population growth is 2% and the rate of technological progress is 3%. Emu-Compute the steady-state value of capital per effective worker (is) and output per effective worker (33). C. What is the steady-state growth rate of the variables listed in the table below? (Round to the whole number in percent, 3. g. 1%) A Output per effective worker g(y) Output per worker g(y) gm D. $18 the following statement correct? \" 11 increase in the rate of technological progress reduces the steady-state levels of capital and output per effective worker\" 0 Answer: True / False 0 Show your answer graphically using the Solow model diagram