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Exercise 3 Comsider the same, setup as Slide 24 under which we derived the 'general version' of the Ramsey Rule for optimal taxation. there
Exercise 3 Comsider the same, setup as Slide 24 under which we derived the 'general version' of the Ramsey Rule for optimal taxation. there is only one. good in this eujnomy (i.e. n I) with hicksian demand function h(p, u) Iou p. 2. 3. 4. Compute the deadweight function from the, only market from this economy. Setup Ramsey's optimal taxation problem. Provide an interpretation of Ramsey's problem in item Compute the Ramsey Rule for this specific case.
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