Given the following information. Income in period 1 = 2,000 Income in period 2 = 1,100 Interest rate (r) = 20% What is h

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answerhappygod
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Given the following information. Income in period 1 = 2,000 Income in period 2 = 1,100 Interest rate (r) = 20% What is h

Post by answerhappygod »

Given the following information.
Income in period 1 = 2,000
Income in period 2 = 1,100
Interest rate (r) = 20%
What is his optimal point of consumption? Show your complete solution.
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