Question: 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

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 simplifications? b. Let the production function be given by F(kt)

- kon where 0

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 simplifications? b. Let the production function be given by F(kt) - kon where 0

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