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    Business
  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 8: Consumption, Saving, and Investment
  5. Question
    An Increase in the Interest Rate
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An Increase in the Interest Rate

Question 51

Question 51

Multiple Choice

An increase in the interest rate:


A) makes future consumption cheaper.
B) increases future income.
C) makes present consumption more expensive.
D) all of the above.

Correct Answer:

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