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1. Give an example of a nonlinear system that has an equilibrium point for which the linearized system has a zero eigenvalue, but the nonlinear system has only one equilibrium point. 2. For the system x' = y - 1y' = y - x2, determine the types of each equilibrium point.
3. For the system x' = sin(x)y' = cos(y), find all equilibrium points and use linearization together with the nullclines to sketch the phase plane.
What is equilibrating forces as it relates to unintended consequences?
what less conventional monetary policy tools might a central bank use to stimulate the economy How do these tools work In what way is central banking in the euro-zone area different from or similar to the Federal Reserve System
Does the ability to move first give the employer an advantage? If so, how? As the employee, is there anything you could do to realize a higher payoff?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a "giant sucking sound" as U. S. employers shipped jobs to Mexico
Assume the demand and supply functions for a good are Qd = 200 - 5P + 0.002 INC0 , Qs = -100 + 8P , where INC0 is the exogenously determined average income- Find the equilibrium price and quantity if the average income is 45,000 dollars.
how do you explain the fact that in some countries there is widespread political support for government policies that expropriate resources from some groups for the purpose of handing them out to other groups
(a) Calculate the number of firms on market
1.what is the total change in rgdp if government spending increases by 700 million and the marginal propensity to
The parents of a young child decide to make annual deposits into a college savings account. The first deposit will be made on her 5th birthday and the last deposit will be made on her 15th birthday.
Which of the following statements is true of an arbitrator?
The ABC Company deposited $100 000 in a bank account on June 15 and withdrew a total of $115 000 exactly one year later. Compute:
In light principle-agent theory, why might dentists and attorneys be required to subscribe to professional codes of ethics that prevent (or at least limit) their ability to sell unneeded services to their clients?
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