In the Solow model, the equation of capital accumulation is
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Name: In the Solow model, the equation of capital accumulation is .
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Question

In the Solow model, the equation of capital accumulation is  
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Quizplus · Accepted Answer

The equation of capital accumulation in the Solow model is given by the equation: Kt+1 = sYt + (1 - δ)Kt, where Kt is the capital stock at time t, s is the savings rate, Yt is the output level at time t, and δ is the depreciation rate.

In the Solow Model, the Equation of Capital Accumulation Is