Find what would the growth rate of the economy be

Reference no: EM13237777

In class there was an argument that if people could accumulate human as well as physical Capital, the production function would look like the "AK" production function.

(A)If the production function is AK and the savings rate is the constant rate "S", and the rates of depreciation and population growth are d and n respectively, what would the growth rate of the economy be?

Reference no: EM13237777

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