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I just do not understand how to get the feasible set. Q3. Let N; = nNt_1 and M} = zMFl for every perioid t; 1Where

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I just do not understand how to get the feasible set.

image text in transcribed
Q3. Let N; = nNt_1 and M} = zMFl for every perioid t; 1Where z and n are both greater than 1. The money created in each period is used to nance government purchase of g goods per young person. Prove that the monetary equihbrium does not maximize the utility of future generations

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