3.Larry lives for two periods (now and later). He will carn $150,000 "now" and $0 "later". The real interest rate in the market is 10%. e. (4 points) Draw the intertemporal budget constraint of Larry with now on the x- slope. axis and later on the y-axis. Label the budget constraint carefully including the CL $145,000 # 150,000 ( 1+ 0. 10 ) = # 145,000 is 4 - (1+r (1- 7) ) = - 1.095 164, 250 C" if all of - (itr) = -li earnings "now' is saved. V # 150,000 CN