Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ao9 Ao9
wrote...
Go to Answer
Posts: 1908
Rep: 1 0
9 years ago
If a consumer borrows at an interest rate greater than the interest rate at which he or she can lend, then
A) the consumer must be a lender.
B) the budget constraint has a kink at the endowment point.
C) banks cannot make a profit.
D) this makes no difference for consumer behavior.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 802 times
3 Replies
Replies
Answer verified by a subject expert
GordisGordis
wrote...
#1
Top Poster
Posts: 1906
Rep: 25 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ao9 Author
wrote...
#2
9 years ago
Wow!!
wrote...
#3
9 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  466 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 446
  
 720
  
 233
Your Opinion
Who's your favorite biologist?
Votes: 608
Previous poll results: Do you believe in global warming?