In the solow growth model if depreciation is 1 the
In the Solow growth model, if depreciation is .1, the production function is y=k, and the savings rate is .5, what will be the growth of the economy in that year?
In the above, is there a steady state? If not, why not? If so, what is it?
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in the solow growth model if depreciation is 1 the production function is yk and the savings rate is 5 what will be the
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