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explain using a two period indifference curve how an individual would respond to an increase in interest rate by increasing or decreasing saving, explain using graphs

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 1.3P

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explain using a two period indifference curve how an individual would respond to an increase in interest rate by increasing or decreasing saving, explain using graphs

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