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WW4: Problem 3
(1 point)
(Section 1.8) Find the equilibrium for the following discrete-time dynamical systems.
\[
\begin{array}{l}
b_{t+1}=2 b_{t} \\
b^{*}=0
\end{array}
\]
\[
\begin{array}{l}
m_{t+1}=3.5 m_{t}-4 \\
m^{*}=\square
\end{array}
\]
\[
\begin{array}{l}
x_{t+1}=0.9 x_{t}+1 \\
x^{*}=5
\end{array}
\]
\[
\begin{array}{l}
q_{t+1}=-0.5 q_{t}+2 \\
q^{*}=5
\end{array}
\]
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