Question: How do we get from ls=Ld to w n* = (1-y)YA = (1-y)Al-r K W 1 T a(1 - Y)AAl Yy1-YK AAY K LA 1

How do we get from ls=Ld to w n* = (1-y)YA

How do we get from ls=Ld to w

= (1-y)Al-r K W 1 T a(1 - Y)AAl Yy1-YK AAY K

n* = (1-y)YA = (1-y)Al-r K W 1 T a(1 - Y)AAl Yy1-YK AAY K LA 1 + a W (1 + a )w*T-y Ty Y-1 W* = AAY K1-Y at y

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