QUESTION 13 Brian carns Income equal to $82,000 in the first period, but his income wildrop to $19,170 in the second period a. Sketch his intertemporal budget constraint, assuming a 6.5% Interest rate. Add an indifference curve that assumes he optimally choose to save $40,000 in the first period. Be sure to CLEARLY graph your answer, with labels on the axes and any other important points. Alno show work for any calculations done b. Show the effect of a 50% tax on interest income, assuming the substitution and income effects canoel each other out. Again, be sure to clearly graph your answer and show work for any calculations done. Attach File Browse Local Files Browse Content Collection QUESTION 13 Brian carns Income equal to $82,000 in the first period, but his income wildrop to $19,170 in the second period a. Sketch his intertemporal budget constraint, assuming a 6.5% Interest rate. Add an indifference curve that assumes he optimally choose to save $40,000 in the first period. Be sure to CLEARLY graph your answer, with labels on the axes and any other important points. Alno show work for any calculations done b. Show the effect of a 50% tax on interest income, assuming the substitution and income effects canoel each other out. Again, be sure to clearly graph your answer and show work for any calculations done. Attach File Browse Local Files Browse Content Collection