Mathematics
Mathematics, 04.08.2021 07:40, ricardotavarez6

Consider a two-sector model Yt = Ct + It
Ct = 0.7Yt-1 + 400
It = 0.1Yt-1 + 200.
Find an expression for Yt when Y0 = 3000. Is the system stable?

answer
Answers: 3

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Do you know the correct answer?
Consider a two-sector model Yt = Ct + It
Ct = 0.7Yt-1 + 400
It = 0.1Yt-1 + 200.
F...

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