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Consider an overlapping generations economy with two assets capital and money. Suppose the number of young people born in period t is determined by Nt

Consider an overlapping generations economy with two assets capital and money. Suppose the number of young people born in period t is determined by Nt = 1.5Nt1. Capital pays the gross rate of return x = 1.25. For what values of z will fiat money be valued?

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