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(a) Suppose = 0. Derive an expression for the coefficient of relative risk aversion RR(ct)? (b) Suppose 0 An agent makes decisions using U(ct) =

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(a) Suppose = 0. Derive an expression for the coefficient of relative risk aversion RR(ct)?

(b) Suppose 0 An agent makes decisions using U(ct) = (ct-X-1) -7 Answer the following: 1-y An agent makes decisions using U(ct) = (ct-X-1) -7 Answer the following: 1-y

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