In samuelson's trade cycle model when the value of α = 0.5 and B = 3 then there is : 1) Cycle less path 2) Constant amplitude cycle 3) Explosive cycle or antidamped 4) Cycle less explosive upward path

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Chapter5: Business And Economic Forecasting
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Explain why and also explain when other three options would be right ? 

In samuelson's trade cycle model when the value of
a = 0.5 and B = 3 then there is:
1) Cycle less path
2) Constant amplitude cycle
3) Explosive cycle or antidamped
4) Cycle less explosive upward path
Transcribed Image Text:In samuelson's trade cycle model when the value of a = 0.5 and B = 3 then there is: 1) Cycle less path 2) Constant amplitude cycle 3) Explosive cycle or antidamped 4) Cycle less explosive upward path
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