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Part 5: Consumption Theory (20 points total) There are two agents in our economy, 4 and B. The two agents have the same income (4,4)

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Part 5: Consumption Theory (20 points total) There are two agents in our economy, 4 and B. The two agents have the same income (4,4) and the same utility function (where MU(C)=1/C each period). Agent A has =1 while agent B has =0. 1. What is the tangency condition for each agent? (2 points 2. What is the intertemporal budget constraint (which is the same for both agents)? (1 point 3. Derive each agent's consumption and saving functions. (4 points

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