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[lake_model] update spelling
- change 'the below graph' to 'the graph below' for better word ordering - change 'long run growth' to 'long-run growth' for consistency
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lectures/lake_model.md

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@@ -36,7 +36,7 @@ The "flows" between the two lakes are as follows:
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3. employed workers separate from their jobs at rate $\alpha$.
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4. unemployed workers find jobs at rate $\lambda$.
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The below graph illustrates the lake model.
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The graph below illustrates the lake model.
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```{figure} /_static/lecture_specific/lake_model/lake_model_worker.png
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:name: lake_model_graphviz
@@ -216,7 +216,7 @@ Moreover, the times series of unemployment and employment seems to grow at some
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Since by intuition if we consider unemployment pool and employment pool as a closed system, the growth should be similar to the labor force.
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We next ask whether the long run growth rates of $e_t$ and $u_t$
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We next ask whether the long-run growth rates of $e_t$ and $u_t$
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also dominated by $1+b-d$ as labor force.
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The answer will be clearer if we appeal to {ref}`Perron-Frobenius theorem<perron-frobe>`.

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