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please give the answer in 40 mins Consider the social planner problem in a standard neoclassical production economy under uncertainty (SP2). Preferences are logarithmic, u(ct)

please give the answer in 40 mins

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Consider the social planner problem in a standard neoclassical production economy under uncertainty (SP2). Preferences are logarithmic, u(ct) = log(cg) with a discount factor [3 6 (0,1). The production function is of CobbDouglas type, f (kt, 3,5) = stir? with a 6 (0,1), capi tal fully depreciates each period, 5 = 1, and productivity shocks 3,: are independently and identically distributed (iid) and have nite support S = {Amm,A1, ...,Amm}, with 0

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