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You were given the equation above that represented an intertemporal budget constraint, in which the present value of consumer expenditures must equal the present value

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"You were given the equation above that represented an intertemporal budget constraint, in which the present value of consumer expenditures must equal the present value of income in the two periods: - C0+C1/(1+r)=Y0+Y1/(1+r) - Now you are being asked to take this equation and solve for C1 - You have been given the rest of the variables: - C0=850 - Y0=1000 - Y1=800 - r=0.03 - Now solve for C1

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