What are two key differences between the Malthusian and Solow models of economic In the Solow growth mode, suppose that the per-worker production function is y=zf(k)=zk^0.3 with s=0.2, d=0.1, n= 0.02

Country A has total factor productivity z=1 while country B has z=2.

A. Calculate the equilibrium level of capital per worker (k*) in both countries

B. What is the steady state level of income per capita in both countries?

C. Do differences in total factor productivity contribute to differences in standards of living across countries?