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(25 points) Consider a Robinson Crusoe economy described by the following problem: max Eo > Bu(ct, et - alt-1), (1) 1= 0 subject to atthe+1

(25 points) Consider a Robinson Crusoe economy described by the following problem: max Eo > Bu(ct, et - alt-1), (1) 1= 0 subject to atthe+1 - (1 -8 ) kt

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