Lecture 3 18

Lecture 3 18 - c =(1-s)f(k i k sf N I N Y s = = Where y =...

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Solow Growth Model – Savings and Consumption Savings per capita: S = sY = I Consumption per capita: C = (1-s)Y
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Unformatted text preview: c = (1-s)f(k) i k sf N I N Y s = = ) ( Where y = Y/N = f(k), i = I/N Where c = C/N...
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This note was uploaded on 04/03/2011 for the course ECON 2021 taught by Professor Mok during the Spring '11 term at HKU.

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