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Question 3 [15 pts] Using the Real Intertemp oral Model covered in class, assume 2 decreases in the current period, and the consumer expects the

Question 3 [15 pts] Using the Real Intertemp oral Model covered in class, assume 2 decreases in the current period, and the consumer expects the future productivity 2' to increase. 1. Describe the expected shifts in the N5, N d, Y3, and Yd curves. Give the driver of each shift. [04pts]

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