Question 4 4 pts Consider an individual who only cares about the quantity of goods she consumes this year and the quantity of the same goods she consumes next year. Let C1 be the quantity consumed this year and C2 be the quantity consumed next year. Her preferences can be represented by the following utility function: U:2(\\/1+ 02) Suppose she earns $1,000 this year and nothing next year. Let the price index this year be p1 = 2 and the price index next year bep2 : 4. The interest rate is 0.05. What is her total savings (up to two decimal places]? Suppose James is endowed with 5 units of F and 1 unit of C, and has the utility function U(F,C) : F20 P_F _ Suppose PC _ 4. - James' demand for F is equal to' (rounded to one decimal place) - James' demand for C is equal to' (rounded to the nearest whole number] - If p0 were equal to 1, the change in income that would make James indifferent between his optimal quantity demanded and his endowment would be (rounded to the nearest whole number)