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4th option is C0 This graph shows an intertemporal budget constraint. . On the X axis, we have Co which refers to consumption today. This

4th option is C0

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This graph shows an intertemporal budget constraint. . On the X axis, we have Co which refers to consumption today. This is how much of your total income you spend in today's period. . On the y axis, we have C, which is refers to your consumption tomorrow. This is how much your total income you spend in tomorrow's period. What point on the graph below represents a person consuming all of his income in period 0 and saving nothing for period 1? Intertemporal budget constraint (1+r)Y (1+r)Y O C1 Y

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