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Consider a two-sector model Yt= Ct+It Ct = 0.6Yt-1+300 It= 0.2Yt-1+100 Find an expression for Yt when Y0 = 3000. Is the system stable?
- Consider a two-sector model Yt= Ct+It Ct = 0.6Yt-1+300 It= 0.2Yt-1+100 Find an expression for Yt when Y0 = 3000. Is the system stable?
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Introduction to Chemical Engineering Thermodynamics
Authors: J. M. Smith, H. C. Van Ness, M. M. Abbott
7th edition
71247084, 978-0071247085
