A country in a steady state invests 50% of its output in new capital (y = 0.5) and depreciates 5% of its capital stock (8 = 0.05). With a capital stock of 100 units, labor remains constant. Because of technological innovation, production improves from Y= K to Y=2VK. What is the new steady-state level of K?

a. 100
b. 256
c. 400
d. 1,600