Question

"Approximately how many periods does it take the capital stock to get halfway to its new, higher steady-state value when s increases from 0.2 to 0.25"

Answer 1

Hello your question is incomplete attached below is the missing part

answer : 99

Step-by-step explanation:

When the value increase from 0.2 to 0.25 it will take an approximate of 99 periods for the capital stock to get halfway to its new higher steady state value as shown below

s = 0.25

k ( steady state ) =
`((0.25)/(0.1) )^{(1)/(1-(1)/(3) ) }` ≈ 3.95283 and this value will be obtained at period 99