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31-05-2024
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For the moment being, suppose there are no lump-sum taxes. Find the equilibrium level of the real interest rate r (i.e., express r as a function of the exogenous parameters of the model). For the moment being, suppose there are no lump-sum taxes. Find the equilibrium level of the real interest rate r (i.e., express r as a function of the exogenous parameters of the model).

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