Question: Consider the logarithmic utility example in Chapter 19, page 36 Show that consumption in an arbitrary period t is given by a=/+a+a...a-]= 1-a 1-a-441-
Consider the logarithmic utility example in Chapter 19, page 36 Show that consumption in an arbitrary period t is given by a=/+a+a...a-"]= 1-a 1-a-441-
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