in the derivation of the solow growth model we


In the derivation of the Solow growth model, we assumed that government spending and taxes less transfers were both zero. Relax that assumption and assume that both are constant graction of GDP, say T = G = gammaY. What is the steady state level of capital?

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Econometrics: in the derivation of the solow growth model we
Reference No:- TGS0500046

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