Answx U A Sin x Mi Inbox x C cheg x (7) ec X * ECON X 3430 x [Solv x| Chat( X Home X G Supp x G Supp x C cheg x + G 9 eclass.yorku.ca/pluginfile.php/5853405/mod_resource/content/1/Answers%20Money.pdf Answers Money.pdf 3 / 11 | - 100% it Vt VEHI d ) What is the value of money in period t , ve ? Use the assumption about preferences to find an 2 exact numerical value . What is the price of the consumption good , Dt ! Ve / Vets = 1 = Mt- Vt= / 2. Then, Cut + Mcve= y = > Cut = 412= 10 and 3 Cutt Czitt, = 4 = > CziEth = 8/ 2 = 10 V+ = N. (20-Cy,t )= 100. (20-10)= 4 10= 2.5 The yoke of dollan crastly handed M 400 With a dollar one can get 2.5 coconuts . Each 4 old person has M / N=4 dollars and uses it to purchase 10 coconuts. Similarly , young people have 10 coconuts and sell them for 4 dollars De = 1/ VE= 4/10= 0.4 price of each cocounts