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kokobean1130 kokobean1130
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Posts: 37
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3 years ago
If the interest rate on student loans ________, students will ________.
Answers:   

A.rises from 6 percent to 12 percent; increase their saving in order to pay back the loan sooner
B.rises from 6 percent to 12 percent; increase their consumption before it becomes too expensive
C.falls from 6 percent to 1 percent; increase their saving in order to pay back the loan sooner
D.falls from 6 percent to 1 percent; not change their saving but will change their investment
E.None of these answers is correct.
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