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Consider an OLG (Overlapping Generations) economy where each generation has 20 bananas when young, and 0 bananas when old. A. What is cy of each
Consider an OLG (Overlapping Generations) economy where each generation has 20 bananas when young, and 0 bananas when old.
A. What is cy of each generation without money?
B. What is co of each generation without money?
C. What is the lifetime happiness of each generation without money?
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