steady state of growth

steady state means economy is in equilibrium but GDP growth is a general term used for GDP in any economic condition
 
Marginal product = marginal cost
whaaat whaat!
:”)
 
It’s the level of growth at which, in the neoclassical theory, capital deepening will not increase the growth rate of GDP anymore. It is defined as the sustainable rate of growth. At this point, only a growth in total factor productivity with labour increase (or increased labour over total factors of production used). Refer to the neoclassical theory.
 
what’s the formula for this and the logic behind it?
 
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