Macroeconomics Fall 2015 Homework E 1. Consider a closed economy with no population growth, no exogenous technological progress, and no physical…

Macroeconomics Fall 2015 Homework E 1. Consider a closed economy with no population growth, no exogenous technological progress, and no physical….

Can someone help me with the step by step setting up of the Lagrangian method to optimize? No need to solve anything I’m just getting mixed up in the setting up of the FOC’s, and making them consistent with the answers provided

Macroeconomics Fall 2015 Homework E 1. Consider a closed economy with no population growth, no exogenous technological progress, and no physical…