Question: Consider the household model that you have seen in class but now assume that the goal of the household is to consume twice as much

 Consider the household model that you have seen in class but

Consider the household model that you have seen in class but now assume that the goal of the household is to consume twice as much in period 2 as in period 1. She earns $100 in the rst period and $150 in the second period. The interest rate is 5%. What is her optimal saving in the rst period? Note: Type in your answer approximated to two decimal points, i.e., your answer must be of the form \"999.99\". I will not be able to x correct answers that were entered incorrectly, such as "999.999\" or \"999, 99\" or \"999". In case the last digit in the correct answer is zero, e.g., \"999. 90\" or \"999. 00", Blackboard will automatically delete it and you should not do anything about it

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