2. (25 points) Consider the overlapping generations (OLG) model of intertemporal con sumer choice developed in class. In the current period, there are /v old and M(1 + n) young consume. Between periods, the old consumers die, the young ge! old, and a now group of young consumers are barn. Each period, the number of new young is 1 -n times larger than the previous period's young. Consumers are endowed with " when young and y'