1. Consider the recursion ut = 3ut−1 − b. (a) Find the value of b such that the equilibrium solution of this recursion is uˆ = 500. (b) Using the value of b you found in question (a), make a change of variables and show how this change transforms the affine geometric recursion ut = 3ut−1 − b to a geometric recursion of the form vt = λvt−1.
1. Consider the recursion ut = 3ut−1 − b. (a) Find the value of b such that the equilibrium solution of this recursion is uˆ = 500. (b) Using the value of b you found in question (a), make a change of variables and show how this change transforms the affine geometric recursion ut = 3ut−1 − b to a geometric recursion of the form vt = λvt−1.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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1. Consider the recursion ut = 3ut−1 − b.
(a) Find the value of b such that the equilibrium solution of this recursion is uˆ = 500.
(b) Using the value of b you found in question (a), make a change of variables and show how this change transforms the affine geometric recursion ut = 3ut−1 − b to a geometric recursion of the form vt = λvt−1.

Transcribed Image Text:ut = 3ut-1 - b.
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