Solution-Worker stock of capital goods

Worker stock of capital goods

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Reference no: EM131424005

In the Solow growth model, if the savings rate is X; the per-worker GDP equals the per-worker stock of capital goods, the depreciation rate of capital goods is Y, and capital goods per worker in year 1 equals Z, then what will be the amount of capital goods in year 2? Show work.

Reference no: EM131424005

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Worker stock of capital goods : In the Solow growth model, if the savings rate is X; the per-worker GDP equals the per-worker stock of capital goods, the depreciation rate of capital goods is Y, and capital goods per worker in year 1 equals Z, then what will be the amount of cap..

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Worker stock of capital goods

Reference no: EM131424005

Reference no: EM131424005

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