C now current saving rate is 055 0552 02 k t 05 3025

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c)Now, current saving rate is 0.55.
5)A country has the per-worker production function yt= kt0.5, where ytis output per worker and ktis the capital per worker. Its saving rate is s, depreciation rate is d, and population growth rate is n. And the country is at a steady state. a) Using a graph show what happens to steady state values of output per worker, capital per worker, and consumption per worker if the population growth rate increases to nb) Using a graph show what happens to steady state values of output per worker, capital per worker, and consumption per worker if the saving rate increases to sAnswer:

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