Ophelia has income of M 1 =100 in period 1 and M 2 =20 in period 2. If she chooses to, she can either save or borrow at an interest rate of i=0.05 (so an interest rate of 5% per period). The rate of price inflation between periods is =0 (so a 0% inflation rate) and the price of a unit of consumption in each period is normalized to 1 (so p 1 =p 2 =1 ). Which of the following is a correct equation for the budget line that describes intertemporal consumption bundles that are exactly affordable to Ophelia? c 2 =125c 1 c 2 =1201.05c 1 c 2 =120c 1 c 2 =1251.05c 1 Now suppose that Ophelia has income of M 1 =20 in period 1 and M 2 =100 in period 2 . (Notice that the values of the income flows in the two periods are reversed compared with the previous questions.) In every other way, the scenario is the same as before: (i) if Ophelia chooses to, she can either save or borrow at an interest rate of i=0.05 (so an