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Given the following parameters for the Solow growth model a=4, Q = 0.25, s = 0.1, 8 = 0.4, n = 0.03 1) use a
Given the following parameters for the Solow growth model a=4, Q = 0.25, s = 0.1, 8 = 0.4, n = 0.03 1) use a software program to plot the graph of kod (ii) plot the function k= sak" (+ 8)k (iii) Linearise k about the equilibrium in (ii) and establish whether it is stable or unstable. Given the following parameters for the Solow growth model a=4, Q = 0.25, s = 0.1, 8 = 0.4, n = 0.03 1) use a software program to plot the graph of kod (ii) plot the function k= sak" (+ 8)k (iii) Linearise k about the equilibrium in (ii) and establish whether it is stable or unstable
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