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QUESTION 1 In an OLG model with money: Each gen picks 12 banans when young O bananas when old. Central bank prints out 2 units
QUESTION 1 In an OLG model with money: Each gen picks 12 banans when young O bananas when old. Central bank prints out 2 units of money, given to gen O for free. In equilibrium, 1 money bananas. QUESTION 2 In an OLG model with money: Each gen picks 12 banans when young, O bananas when old. Central bank prints out 2 units of money, given to gen O for free The population of this economy is In each period QUESTION 3 In an OLG model with money, Each gen picks 12 banans when young. O bananas when old. Central bank prints out 2 units of money, given to gen O for free The number of people employed in each period is
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