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    Intermediate Microeconomics Study Set 1
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    Exam 9: Intertemporal Choice-Part A
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    Isaiah Is a Net Borrower When the Interest Rate Is
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Isaiah Is a Net Borrower When the Interest Rate Is

Question 51

Question 51

True/False

Isaiah is a net borrower when the interest rate is 5% and a net saver when the interest rate is 25%.An increase in the interest rate from 5 to 25% may make Isaiah worse off.

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