2. [25 Points] A consumer will only live for two periods. In each period 1' = 1, 2, the consumer has income m:- > 0 and makes a. consumption choice 3:1; 2 0. The price of the consumption good is $1 in both periods. The consumer can save her period 1 income or borrow against her period 2 income at interest rate 5'" > 0. The 1 _ 1 consumer's utility from consumption path ($1,122) is 3:12 + $935