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This graph shows an intertemporal budget constraint. On the X axis, we have C0 which refers to consumption today. This is how much of your
This graph shows an intertemporal budget constraint. On the X axis, we have C0 which refers to consumption today. This is how much of your total income you spend in today's period. On the y axis, we have C1 which is refers to your consumption tomorrow. This is how much your total income you spend in tomorrow's period. What point on the graph below represents a person consuming all of his income in period 0 and saving nothing for period 1? Picture 5.png Group of answer choices Y (1 r)Y C1 C0
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