## Math Problem Statement

## Solution

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## Math Problem Analysis

### Mathematical Concepts

Steady-state economics

Capital accumulation

Depreciation rate

Savings rate

### Formulas

x* = sf(x*) + (1 - δ)x*

δx* = sf(x*)

### Theorems

Existence of positive steady-state value (x* > 0)

Uniqueness of steady-state value (x*)

### Suitable Grade Level

Undergraduate or Graduate (Economics, Macroeconomics)

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