Please solve these or give any ideas, thanks.

1. The DSGE/RBC models that dominate mainstream neoclassical approaches to economics rely on conceptualizations of a representative agent and rational expectations as key parts of the micro foundation for a macro model. This question is in two parts: a) Please discuss how these models treat uncertainty, change in growth, and shocks. b) Please discuss what some of the limitations are of using representative agent and rational expectations as the micro foundation of a macro model, as discussed in the lecture and reading