Question: Consider the linear discrete-time dynamical system yt+1 = 1. 0 + m(yt - 1.0). For each of the following values of m, a. Find the
Consider the linear discrete-time dynamical system yt+1 = 1. 0 + m(yt - 1.0). For each of the following values of m,
a. Find the equilibrium.
b. Graph and cobweb.
c. Compare your results with the stability condition.
m = 0.9.
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