Investment vs. Consumption
A n
B n
100
80
60
40
20
(^2020) income in period 0^406080100
income in period 1
Some investors will prefer A
and others B
Investment vs. Consumption
A n
B n
100
80
60
40
20
(^2020) income in period 0^406080100
income in period 1
Some investors will prefer A
and others B