Maren has the utilityfunction U(c1,c2)=C1^a*C2^1-a, where 01) Maren has income m1 and m2 in respectively periode 1 and periode 2. Order Marens`budgetrestrain (in present value)
Let a=0,3
2) Find Marens consumption in the two periods ( as a function of m1,m2 and r)3) If the interest rises, how will Maren chanhe her consumption in each of the two periodes