Question: Solve the intertemporal Euler equation for the case that ?(1 ?) = 1 and ?(?? ? ) = 1 2 (?? ? ?) 2 .

Solve the intertemporal Euler equation for the case that ?(1 ?) = 1 and ?(?? ? ) = 1 2 (?? ? ?) 2 . Show that under these two assumptions, consumption follows a random walk. Explain the role of quadratic utility at driving this result, and why it doesn't hold for general utility functions

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2. I try to be as logical as possible

1. To understand the prerequisites for personal communication mastery.

2. To understand different focus areas for personal communication mastery.