Harvey Habit has a utility function u(c1,C2) :min {C1, 62}. If he had an income of $230 in period 1 and $440 in period 2
Harvey Habit has a utility function u(c1,C2) :min {C1, 62}. If he had an income of $230 in period 1 and $440 in period 2 and if the interest rate were 10%, Harvey would choose _$ to spend in period 1
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