This is a nongraded practice question, I am studying for my exam. I am not cheating, and I only reiterate that because I want to learn the process. So please, don't just copy something from a third party or post something random. Write the answer clearly. The question below deals with a utility maximization problem under a two-period model, Thank you.

* 2 Try at home: find the optimal allocation (c*, c'*, s*) if U(C, c') = In(c) + In(d') y = 5, y' = 9, t= 1 and t' = 1.5 = = r= 0.25 = * 2 Try at home: find the optimal allocation (c*, c'*, s*) if U(C, c') = In(c) + In(d') y = 5, y' = 9, t= 1 and t' = 1.5 = = r= 0.25 =