Identify a good you may want to purchase at some point

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Reference no: EM133428827

Question: Intertemporal decision-making is defined as deciding when to purchase and consume goods, now or in the future. Respond to each of the following in 2-3 complete sentences:

a. Identify a good you may want to purchase at some point in your life, probably a larger ticket item, like a car or home.

b. Explain how a change of interest rates may lead to a change in what or when you purchase this item.

Reference no: EM133428827

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