2. Assume a small open monetary economy as in section 8.3.1, but one in which utility depends...

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2. Assume a small open monetary economy as in section 8.3.1, but one in which utility depends directly only on con- sumption and not on leisure or real money balances. Thus, eq. (33) is replaced by?

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Foundations Of International Macroeconomics

ISBN: 9780262150477

1st Edition

Authors: Maurice Obstfeld, Kenneth S. Rogoff

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Question Posted: Nov 08, 2024 02:00 AM

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2. Assume a small open monetary economy as in section 8.3.1, but one in which utility depends...

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Foundations Of International Macroeconomics

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