Question: Consider the Basic Solow Model without exogenous growth: Y = AK. [1-a C = (1 -s ) Y Y = C+I K' = I+(1 -8)K

Consider the Basic Solow Model without exogenous growth: Y = AK. [1-a C = (1 -s ) Y Y = C+I K' = I+(1 -8)K where labor L is constant. Assume the following values for the rest of this question: A = 100 a = 0.35 S = 0.15 6 = 0.09 L = 20

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