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    Principles of Microeconomics Study Set 10
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    Exam 21: The Theory of Consumer Choice
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    If the Interest Rate Rises, an Individual Could Choose to
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If the Interest Rate Rises, an Individual Could Choose to

Question 379

Question 379

Multiple Choice

If the interest rate rises, an individual could choose to


A) increase consumption when young.
B) increase consumption when old.
C) decrease consumption when young.
D) Any of the above could be correct.

Correct Answer:

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