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Consider the graph below showing Amara's budget constraint forconsumption now and consumptionlater. Amara's income later is $100 and her income now is $0. Recallthatr is

Consider the graph below showing Amara's budget constraint forconsumption now and consumptionlater. Amara's income later is $100 and her income now is $0. Recallthat"r" is interest rate.

Consumption later $100 Budget constraint or "feasible frontier" D E IC1 B IC2 Consumption now $66.67

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