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Assume that: s = 0.2 = 0.05 y = k1/2 Use the equation of motion (k = s f(k) k) to solve for the steady-state

Assume that:

  • s = 0.2
  • = 0.05
  • y = k1/2

Use the equation of motion (k = s f(k) k) to solve for the steady-state values of k, y, and i.

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