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    Intermediate Microeconomics Study Set 1
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    Exam 9: Intertemporal Choice-Part A
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    If the Interest Rate at Which You Can Borrow Is
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If the Interest Rate at Which You Can Borrow Is

Question 42

Question 42

True/False

If the interest rate at which you can borrow is higher than the interest rate at which you can lend, your budget for current and future consumption is a convex set.

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