Questions

What three factors does the Solow growth model focus on to explain economic growth across countries and across time?

What is the production function in the SGM? The consumption function? How does the SGM make labor a constant term? How is the marginal product of capital related to the production function? If capital per worker is low, what affect does additional capital have on output, compared when capital per worker is high?

What is the steady state level of capital? Why is it different in (say) Miami relative to Havana?

In the Solow model, how does the saving rate affect the steady-state level of income? How does it affect the steady-state level of growth?