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A consumer has the utility function U (cl, Cg) = min{c1, 02}. There is no ination, the interest rate is 10%, and the consumer has
A consumer has the utility function U (cl, Cg) = min{c1, 02}. There is no ination, the interest rate is 10%, and the consumer has income 100 in period 1 and 121 in period 2. The prices observed observed in both periods are 1. (a) What is the optimal consumption bundle
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