Economic growth (I): basics - Growth theory: the Solow model

4 important questions on Economic growth (I): basics - Growth theory: the Solow model

What is the formula for ΔK?

ΔK = s*F(L,K) - δK

What relation between what variables holds when capital stock grows?

private savings exceed depreciation

What is the formula for the requirement line and what does it mesure?

δK
The investments required to maintain capital stock
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At what intersection does one find K*?

At actual investment equals capital stock

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