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Question 15 1 pts Minnie has an income of $300 in period 1 and will have an income of $625 in period 2. Her utility

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Question 15 1 pts Minnie has an income of $300 in period 1 and will have an income of $625 in period 2. Her utility function is U(c1,c2l = Clo-31:202. where c1 is her consumption in period 1 and c2 is her consumption in period 2. The interest rate is 0.25. If she unexpectedly won a lottery which pays its prize in period 2 so that her income in period 2 would be $1,250 and her income in period 1 would remain $300, then her consumption in period 1 would 0 double. 0 increase by $400. 0 increase by $150. 0 stay constant

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