Money in the Neoclassical Model (20 Points) For questions 3a…

Questions

Mоney in the Neоclаssicаl Mоdel (20 Points) For questions 3а-d below, use the following details: Consider the neoclassical model as augmented to include money in households’ utility function, as presented in class. The equations characterizing the equilibrium of the model are:

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