Show the effects of a decrease in interest rates

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Question: In a graph with c' in the y-axis and c in the x-axis, show the effects of a decrease in interest rates, assuming that the representative consumer is a borrower.

In a graph with c' in the y-axis and c in the x-axis, show the effects of a decrease in interest rates assuming that the representative consumer is a lender.

Reference no: EM133710950

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