Ask your own question, for FREE!
OCW Scholar - Principles of Microeconomics 21 Online
OpenStudy (love):

I know its a microeconomics study group. But can someone tell me what happen in solow model when saving rate equals 1. In reality, thats not possible but solow model says there will be a golden point. But won't that country would just cease to exist if saving rate equals 1 and consumption goes to zero.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!