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Intertemporal Budget Constraint

Question 27

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Intertemporal Budget Constraint Intertemporal Budget Constraint -Given the table above,the present value of lifetime resources ________ when the real interest rate rises to five percent. A) falls by $367 B) rises by $200 C) rises by $300 D) falls by $275
-Given the table above,the present value of lifetime resources ________ when the real interest rate rises to five percent.


A) falls by $367
B) rises by $200
C) rises by $300
D) falls by $275

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