Question: A maximizing life-cycle consumer with u(c1, c2) = c1c2who has m1= 120 and m2= 0. The interest rate on saving is 0%. Her budget line

A maximizing life-cycle consumer with u(c1, c2) = c1c2who has m1= 120 and m2= 0. The interest rate on saving is 0%. Her budget line has a |slope| = 1 + r = 1. Calculate the amount she should save.

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