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Phydeaux Phydeaux
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6 years ago
Lower interest rates reduce the cost of borrowing to buy inputs. If no other factors change, smart businesses increase their supply of outputs when interest rates are low.

True or False?
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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holymanholyman
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6 years ago
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