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Unformatted text preview: C9 $E$4*B8 The cells with dollar signs indicate absolute addresses, while those without dollar signs indicate relative addresses. Cells B9 and C9 are then copied to the clipboard and pasted down. After blocking cells B8:C28 the graph wizard is then invoked and the resulting trajectory is shown in the inserted graph. The most conspicuous feature of this trajectory is that it does not have a ‘pattern’. In fact, given the parameter values there are two equilibrium points: ( x ∗ 1 , y ∗ 1 ) = ( − 1 . 1314 , − . 3394) and ( x ∗ 2 , y ∗ 2 ) = (0 . 6314 , . 1894), neither of which is approached within the Frst twenty periods. Why this is so we shall investigate in chapter 7....
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This note was uploaded on 12/14/2011 for the course ECO 3023 taught by Professor Dr.gwartney during the Fall '11 term at FSU.
- Fall '11