Consider an endowment model from Chapter 9. There are 20 identical consumers. Each consumer receives y=80 and

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Consider an endowment model from Chapter 9. There are 20 identical consumers. Each consumer receives y=80 and y'=210 goods in the current and future periods and pays lump-sum taxes t=5 and t'=8. The government provides G=1,700 and G'=6,500 in the current and future periods. What is the value of the bonds issued by the government

Posted Date: Jun 11, 2024 06:16 PM

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Consider an endowment model from Chapter 9. There are 20 identical consumers. Each consumer receives y=80 and

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