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How do you solve this questionThanks! Consider an OLG model similar to the one in lecture 37 where each individual lives 2 periods, youth and

How do you solve this questionThanks!

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Consider an OLG model similar to the one in lecture 37 where each individual lives 2 periods, youth and old age. Her consumption in youth and old age are cu and 62,5, respectively. Her utility function is given by: U(Clt162t+1) = 1DCit + 5111 C2t+1 Here [3 0 when old. The price levels in the two periods are pi = 1 and pt\

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