When interest rates decrease, the substitution effect suggests that individuals will:

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When interest rates decrease, the substitution effect suggests that individuals will:

When interest rates decrease, the substitution effect suggests that individuals will:
A) consume more today.
B) consume more in the future.
C) save more and consume less today.
D) save more today.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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8 years ago

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