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Linear Equations General Form: x n +1 = ax n + b If b = 0, the equation is homogeneous

LAST TIME. Linear Equations General Form: x n +1 = ax n + b If b = 0, the equation is homogeneous If b 0, the equation is inhomogenous Equilibrium , x e , is achieved if x n +1 = x n = x e . Linear discrete models have a single unique equilibrium if a , is not 1 .

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