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What is the equation we use to draw the solow-diagram

Assignment Help Macroeconomics
Reference no: EM133559381

Questions:

A. write down 5 equations, 5 endogenous variables, and exogenous variables/parameters of the Solow model.

B. What is the equation we use to draw the Solow-diagram? Show the steps and explain how you drive the equation from the above model of five equations.

C. Based on the equation you got from the above question, draw the Solow-diagram. Be sure you clearly label each axis. Be sure to clearly indicate which part of graph comes from which part of equation.

 

Reference no: EM133559381

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