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Solow Growth

Y = A·K^α·L^(1−α). dK/dt = sY − δK. Capital saturates at steady state k* = (sA/δ)^(1/(1−α)). Watch convergence to a balanced path.

t0.0
K (capital)
Y (output)
k = K/L
k* steady state
YKk=K/L