### Solow Growth Model - Solving for Steady State SolutionsPart A - Growth Rates & Time to Double (Rule of 70)Part B - Returns to Scale - Constant or Not?Part C - Solow Growth Model - Solving for Steady StatePart D - Plugging in NumbersPart E - Using the Solow Model and Diagram (c)   See page 102, particularly page 105 (of Jones Macro Econ Crisis Update Ed)(d) is below The incantation of a steady state is the following: “A steady state is a value, , such that This implies that "      where ( ). Take the two equations above, and establish the steady state. Equation One – the Capital Accumulation Equation  (aka, the Law of Motion of Capital)    ,    this is our equation (1) Equation Two – The production function   ,    this is our equation (2) Now – combine (1)  & (2), and solve for Capital        You can see that the steady state level of capital ( ) depends on all the stuff in the right-hand-side: the savings rate.          If  , the depreciation rate,   If (d) we are just plugging numbers in  (assuming I didn’t make a maths mistake along the way)