economics question

1. Suppose J ac]: is indifferent between $50!} III-dayr and $6M} in one month. In addition, he is indifferent hetween $51M] in six months and lm in seven months. a. Can you determine if his preferences are consistent with hyperbolic discounting or exponential discounting\"! Brieflyr explain. (8 points} h. If you answered exponential discounting to part 'a", what would have to change for it to he hyperbolic discounting? If you answered hyperbolic discounting to part 'a', how would it have to change to he exponential discounting? Briey.r explain. {3 points}