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Janet, a consumption smoother, and Jack, a hand-to-mouth consumer, are joint owners of the winning ticket in a $2 million lottery, a jackpot they split

Janet, a consumption smoother, and Jack, a hand-to-mouth consumer, are joint owners of the winning ticket in a $2 million lottery, a jackpot they split evenly. Each is 65 years old and expects to live another 20 years. Janet, with a marginal propensity to consume of _____, will spend _____. Jack, with a marginal propensity to consume of _____, will spend _____

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