Question: Question 2 - Ramsey (20 points) A. (10 points) Do you think that the Ramsey equation is an appropriate methodology for developing a consumption (

 Question 2 - Ramsey (20 points) A. (10 points) Do you

Question 2 - Ramsey (20 points) A. (10 points) Do you think that the "Ramsey equation" is an appropriate methodology for developing a consumption ( i.e., household) discount rate when dealing with long term environmental problems such as climate change? B. (10 points) In your view, what is the appropriate consumption discount rate that should be used when assessing policies that deal with the issue of climate change (you must give a specific number)? Assume g = 1.3%. Explain and give/justify the values you use for rho and eta

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