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Interpretation:
To show that there is a fixed point for the model and equilibrium state of economy if the rate of the government spending is constant and classify the fixed points a function of
Concept Introduction:
The fixed point is the point at which the first derivative of the system equals to zero.
To check the stability of fixed point use Jacobian matrix
The point
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Chapter 6 Solutions
EBK NONLINEAR DYNAMICS AND CHAOS WITH S
- Calculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
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