Computing levels: Suppose Xt grows at 2% per year and Yt grows at 5% per
year, with X0 2 and Y0=1.

Calculate the numerical values of Zt
for t 0,
t=1, t=2, t=10, t=17, and t=35 for the following cases:

(a) z=x
(b) z=y
(c) z=x⁽³/⁴⁾y⁽¹/⁴⁾