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QUESTION 9 In Diamond Dybvig (DD) model of bank run, each person is either an early type, or a late type. Utility function is u(c)=1-1/c.

QUESTION 9 In Diamond Dybvig (DD) model of bank run, each person is either an early type, or a late type. Utility function is u(c)=1-1/c. If an agent is late type and eats 2 potato at t=2, utility=

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