Question: Given: 2-period production economy. Find: a. write down PPF's equation (Hint: the equation that shows how c t converts to c t+1 ) and its

Given: 2-period production economy.

Find:

a. write down PPF's equation (Hint: the equation that shows how c_t converts to c_t+1) and its slope (draw the graph).

b. write down indifference curve equation (Hint: the equation with c_t & c_t+1 thatgives consumers same level of utility) and its slope (draw the graph)

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