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Consider the Solow growth model as given in the lecture notes using the Cobb-Douglas production function
Yt = AK1-αt Lαt
a) Set up the underlying nonlinear difference equation.
b) Compute the steady state value of capital.
c) Linearize the nonlinear difference equation around the positive steady state and determine its properties.
1. Find the number of zeroes of the polynomial y = f(x) whose graph is given in figure. 2 Find the circumcentre of the triangle whose vertices are (-2, -3), (-1, 0) and (7,-6).
1. Suppose the arrival times of phone calls in a help centre follow a Poisson process with rate 20 per hour (so the inter-arrival times are independent exponential random variables
Let {An} be sequence of real numbers. Define a set S by: S={i ? N : for all j > i, ai
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An integer is chosen at random from the first two hundreds digit. What is the probability that the integer chosen is divisible by 6 or 8. (Ans : 1/4 ) Ans:
what is the difference between North America''s part of the total population and Africa''s part
1.Verify Liouville''s formula for y "-y" - y'' + y = 0 in (0, 1) ? 2.Find the normalized differential equation which has {x, xex} as its fundamental set. 3.6Find the general soluti
history about cauchy mean value theorem ..
DIFFERENCE BETWEEN RIGHT ANGLE AND SCALENE
1
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