If an economy is described by the Solow-Swan model with the following variables.k(t)=1.35
If an economy is described by the Solow-Swan model with the following variables.k(t)=1.35
The saving rate is 0.43 per year.
Capital’s share of income is 0.44
The growth rate of labor efficiency is 0.02 per year.
The growth rate of the labor force is 0.014 per year
Depreciation is 0.08 per year
calculate the value of k(t + △t) where △t is 0.17 years
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