Quiz One Lecture Two - Sept 30
Given basic set-up - What is an efficient allocation. If allocation isn't efficient, what can we conclude? What is CE for the economy
thus we can conclude that if the allocation is not efficient, there exists another feasible allocation that results in higher utility.
Quiz Two Lecture Five - Oct 11
Given basic set-up - What is AD CE? What is SoM CE?
Quiz Three Lecture Fourteen - Nov 9
Given preferences with disutility to working, write down social planner's problem and find the two conditions that characterize the optimal solution
Quiz Four Lecture Eighteen - Nov 23
Define a recursive competitive equilibrium of the neo-classical growth model (covered Nov 18th)
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