Question: In a simple Solow model, say that Y = V K and the storage rate is 0.1 and a depreciation rate of 0.02. What is

 In a simple Solow model, say that Y = V K
and the storage rate is 0.1 and a depreciation rate of 0.02.

In a simple Solow model, say that Y = V K and the storage rate is 0.1 and a depreciation rate of 0.02. What is the steady level of capital needed

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