Question: 9. A consumer has a utility function over consumption in 2 periods given by U(c,() = Ac+ 90. They are endowed with an income of

9. A consumer has a utility function over consumption in 2 periods given by U(c,() = Ac+ 90. They are endowed with an income of 64 in each period. Which of the following is the LOWEST interest rate at which this consumer would want to save a positive amount? (a) 0% (b) 25% (c) 34% (d) 67% (e) The consumer would not want to save at any of these interest rates

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