Consider the two-period model discussed in class. Assume that an individual has income in the current period of $400 and income in the second period (the future) of $600 and that the individual can borrow or lend at 8%. What is the maximum the individual can consume in the current period if they consume nothing in the future? What is the maximum they can consume in the future if they consume nothing in the current period? If they decided to consume $500 in the current period what would be their consumption in the second period? (5 points)