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a) First, define the competitive equilibrium for the real- intertemporal model ( b) Suppose there are two countries identical in every way except that


a) First, define the competitive equilibrium for the real- intertemporal model ( b) Suppose there are two 

a) First, define the competitive equilibrium for the real- intertemporal model ( b) Suppose there are two countries identical in every way except that Country A has more capital than Country B. What does the real-intertemporal model tell us about how the economies of these countries will differ (in terms of real wage, interest rate, employment, output, investment, and consumption)? Explain.

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