This Q is on two period model Please show working for part (c ) and (d) 1 A maximizing consumer lives for two periods earning m1 84 and m2 45 has utility function u c1c2 and can borrow or save at r 25 c Interest rates rise to r 80 What should she do d Illustrate the Hicksian income and substitution effects for this change 1 A maximizing consumer lives for two periods earning m1 84 and m2 45 has utility function u c1c2 and can borrow or save at r 25 c Interest rates rise to r 80 What should she do d Illustrate the Hicksian income and substitution effects for this change

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This Q is on two period model  Please show working for part (c ) and (d)  1  A maximizing consumer lives for two periods earning m1 84 and m2 45 has utility function u c1c2 and can borrow or save at r 25  c  Interest rates rise to r 80   What should she do  d  Illustrate the Hicksian income and substitution effects for this change  1  A maximizing consumer lives for two periods earning m1 84 and m2 45 has utility function u c1c2 and can borrow or save at r 25  c  Interest rates rise to r 80   What should she do  d  Illustrate the Hicksian income and substitution effects for this change

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This Q is on two period model. Please show working for part (c ) and (d). 1. A maximizing consumer lives for two periods earning

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