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In the Solow model, suppose the per worker production function is y = 60. Suppose s + 0.11, n = 0.06, and d = 0.08. Calculate
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Answer #1

k= 22.22

k^0.5 = 4.7143

y= 6*4.7143 = 28.28

Steady state Output per worker = 28.28

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