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    Principles of Economics Study Set 12
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    Exam 24: The Economic Fluctuations Model
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    Consumption Expenditures Are Sensitive to Interest Rates Mainly Because the Decision
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Consumption Expenditures Are Sensitive to Interest Rates Mainly Because the Decision

Question 43

Question 43

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Consumption expenditures are sensitive to interest rates mainly because the decision to purchase a new home depends on the mortgage rate.

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