Question: Here are three equations that characterize the steady state: s dot = beta f(k) - gamma s; k dot = f(k) - delta k -c,

Here are three equations that characterize the steady state: s dot = \beta f(k) - \gamma s; k dot = f(k) - \delta k -c, ho + \delta - f'(k) + (\beta d'(s) c) / ( ho + \gamma) f'(k) = 0. Knowing that f is strictly increasing and concave, d is strictly increasing and convex, argue that these three equations have a unique solution

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