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Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399Essentials of Economics 8th Edition by Bradley Schiller
Edition 8ISBN: 978-0073511399 Exercise 9
If banks and credit card companies charged zero interest, would people spend and invest more? What would inhibit business or consumer borrowing?
Explanation
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Verified
Zero interest and increased spending :
G...
Essentials of Economics 8th Edition by Bradley Schiller
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