17. (15 points) Consider the following graph. Individual Investment A Average Investment 450 (a) (3 points) First, ident

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17 15 Points Consider The Following Graph Individual Investment A Average Investment 450 A 3 Points First Ident 1 (89.31 KiB) Viewed 14 times

17. (15 points) Consider the following graph. Individual Investment A Average Investment 450 (a) (3 points) First, identify and label the equilibria points on the above graph. In the space below, categorize each equilibrium as stable or unstable. (b) (4 points) If average investment began at point A on the above graph, draw the path that investment takes (i.e., the dynamics of investment). At what level would investment eventually end up? (c) (8 points) What is a big push? Explain intuitively and illustrate the concept using an S-curve diagram.