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Question: 1 logarithmic felicity consider the following utility maximization of some...

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1. (logarithmic felicity) Consider the following utility maximization of some consumer over time. Mr,( .1。[loge(t) e--dt subject to k(0)=k(T)=0, a(t)-w(t)x1+r(t)xa(t)-c(t). where w(t) and r(t) are given paths of real wages and the real rate of return of the single asset. Compute the Euler equation.

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