(a) Use the stability criterion to characterize the stability of the equilibria of xt+1

Chapter 5, Problem 14

(choose chapter or problem)

(a) Use the stability criterion to characterize the stability of the equilibria of xt+1 = 10x2 t 9 + x2 t , t = 0, 1, 2, . . . (b) Use cobwebbing to decide to which value xt converges as t if (i) x0 = 0.5 and (ii) x0 = 3.

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