In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old.  Central bank prints out 2 units of money, given to gen 0 for free.    The unemployment rate of this economy is ____% each period.

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Q: In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old.  Central bank…

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Q: In an OLG model with money: Each gen picks 12 banans when young, 4 bananas when old.  Central bank…

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Q: In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old.  Central bank…

A: When young = 12 bananas when old = 0 bananas Central bank prints out= 2units of money

Q: In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old.  Central bank…

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