Question: Problem 3 (A Simple Two-Period Model with Habit Formation, 20%) Consider a two period model ofconsumption and savings where consumers have habits

Problem 3 (A Simple Two-Period Model with Habit Formation, 20%) Consider

Problem 3 (A Simple Two-Period Model with Habit Formation, 20%) Consider a two period model ofconsumption and savings where consumers have \"habits\

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Problem 3 (A Simple Two-Period Model with Habit Formation, 20%) Consider a two period model ofconsumption and savings where consumers have \"habits\

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