1) Imagine a Solow Growth Model with a standard Cobb-Douglas production function and the following parameters: α=0.25;d=0.01;A=1,000;s=0.3;n=0.15 a) Is the Solow Growth Model an exogenous or endogenous growth model? How so? b) Calculate the rate of capital accumulation (law of motion). c) Calculate the steady state level of capital? d) Calculate the steady state level of real output/income? e) Calculate the steady state level of investment? f) Calculate the steady state level of consumption? g) What effect does a higher depreciation rate have on this model? h) What effect does a higher savings rate have on this model? i) What effect does a higher population growth rate have on this model? j) What effect does a higher productivity/technology factor have on this model?