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Consider an economy with two periodswhere individuals have perfect access to credit, which has an interest rate of 0.20.
Consider an economy with two periodswhere individuals have perfect access to credit, which has an interest rate of 0.20.
Posted by:David
Posted on:Mar 12,2021
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Question1A consumer has autility function𝑈=𝑋!𝑋"Where𝑋!and𝑋"are the consumed quantities ofA andB,and an initial endowment/allocation
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