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in the Solow model, if y=5k ^0.5 , mps=0.1, n=0.1 and d=.05, answer the following questions a) what is the value of k at steady
in the Solow model, if y=5k^0.5, mps=0.1, n=0.1 and d=.05, answer the following questions
a) what is the value of k at steady state?
b) what are the values of y and c at steady state ?
c) what is the growth of Y at steady state?
d) Please draw a graph for your answers
e) Now consider the case where n=.05, how does that change your answers in the graph?
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