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1. (10 points) Solve the following maximization problem of a household that lives for two periods and chooses consumption c and labor I. max log(c1)

1. (10 points) Solve the following maximization problem of a household that lives for two periods and chooses consumption c and labor I. max log(c1) - Y + B log(C2) - C1,C2,/1, 12 C2 W 2 / 2 C1 + = will+ 1tr 1tr

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