In this part you do not have to sketch the graph and you may even be given the sketch of the graph to start with. For a quadratic equation of the form \(y = k{(x - a)^2} + b\), the following diagram ...
This article studies the accuracy of two versions of Kydland and Prescott's (1980, 1982) procedure for approximating optimal decision rules in problems in which the objective fails to be quadratic and ...