2. (6 points) Suppose there are two periods, no discounting of future util ity, no interest on savings, and overall utility function, u(cl, Cg) :
2. (6 points) Suppose there are two periods, no discounting of future util ity, no interest on savings, and overall utility function, u(cl, Cg) : \"0031) | 0(02) where \"U is strictly increasing, strictly concave, and differentiable. In period 1, the consumer is given a wealth of W, from which they can spend on period 1 consumption, or save for period 2 consumption. In the second period, the consumer faces a loss L
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