Question: Dynamic General Equilibrium Model Question 2. Dynamic General Equilibrium model. Consider the basic dynamic general equilibrium model discussed in class and answer the following questions:

Dynamic General Equilibrium Model Question 2. Dynamic General Equilibrium model. Consider the basic dynamic general equilibrium model discussed in class and answer the

Dynamic General Equilibrium Model

following questions: a. What is the objective of the Basic DGE model?

What are some of the main simplications? b. Let the production function

Question 2. Dynamic General Equilibrium model. Consider the basic dynamic general equilibrium model discussed in class and answer the following questions: a. What is the objective of the Basic DGE model? What are some of the main simplications? b. Let the production function be given by F061) = k? where 0

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