1 P J Is Trying To Decide How Much To Consume In Time Periods 1 And 2 C C2 He Will 3298493
(1) P.J. is trying to decide how much to consume in time periods 1 and 2, (c, c2). He will get $100 in period 1 and $100 in period 2 . He can save and borrow as much as he wants between the two time periods at an interest rate of 20%. If PJ.’s utility […]