In the Solow model,if f(k)= 2k⁰^.5,s = 0.3,n = 0.05,and d = 0.15,what is the value of k at equilibrium?

Name: In the Solow model,if f(k)= 2k 0 .5 ,s = 0.3,n = 0.05,and d = 0.15,what is the value of k at equilibrium?
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In the Solow model, the steady-state level of capital per worker (k*) is found where investment equals depreciation plus population growth. The equation is s*f(k) = (n + d)*k. Substituting the given values: 0.3*(2k^0.5) = (0.05 + 0.15)*k. Solving this equation gives k = 9.

In the Solow Model,if F(k)= 2k0

In the Solow Model,if F(k)= 2k⁰