Multiple Choice
An increase in the interest rate:
A) makes future consumption more expensive.
B) decreases future income.
C) makes present consumption more expensive.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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Q24: Figure 7.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8790/.jpg" alt="Figure 7.1