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Discuss decreasing preference for future consumption

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David needs to borrow money to start a business. suppose that the saving rate in the country is expected to increase. assuming that nothing else changes this means that if david borrows now, his cost of borrowing money is expected to ______________ due to the following factor:

a. rising interest rates

b. decreasing preference for future consumption

c. increasing preference for future consumption

Reference no: EM131762859

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