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How does a change in interest rate affect our decision

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Reference no: EM132228709

Question: 1. How does a change in interest rate affect our decision to spend or save?

2. How would a change in the interest rate affect a firm's decision to invest or save?

3. How might an increase in the wage rate affect what you do with your time?

4. Now describe 2 tradeoff you can make in terms of time or income.

Reference no: EM132228709

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