Suppose that the production function of a country is given by: Y = k1/2N1/2 where K is physical capital, N is the number of workers (employment), and Y is output. Additionally, consider that the saving rate of this country is 10% while the depreciation rate of capital is also 10%. 1- Write down the fundamental equation of the Solow model. 2- Find the steady state values for (K*/N) and for (Y*/N). Notice that * means steady state. 3- Construct a table with the following information: years Kt+1/N Y/N gy (growth rate of Y/N) 0 1 2 3 4 100 Suppose that the production function of a country is given by: Y = k1/2N1/2 where K is physical capital, N is the number of workers (employment), and Y is output. Additionally, consider that the saving rate of this country is 10% while the depreciation rate of capital is also 10%. 1- Write down the fundamental equation of the Solow model. 2- Find the steady state values for (K*/N) and for (Y*/N). Notice that * means steady state. 3- Construct a table with the following information: years Kt+1/N Y/N gy (growth rate of Y/N) 0 1 2 3 4 100