1 Tech.progress in the Solow model (+n+g)k break-even investment: the amount of investment necessary to keep k constant. Consists of: k to replace depreciating capital n to provide capital for new workers gk to provide capital for the new "effective"workers created by technological progress CHAPTER 5 Economic Growth ll slide 8 CHAPTER 5 Economic Growth II slide 8 Tech. progress in the Solow model ( + n + g)k = break-even investment: the amount of investment necessary to keep k constant. Consists of: k to replace depreciating capital n k to provide capital for new workers gk to provide capital for the new “effective” workers created by technological progress 1