In the lifecycle theory,a worker does most of her borrowing during her prime working years.
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Q220: Investment occurs when a person's income exceeds
Q221: The interest rate is a market price.
Q222: Trading in the market for loanable funds
Q223: A surplus of loanable funds will decrease
Q224: The interest rate is a market quantity.
Q226: An increase in the interest rate leads
Q227: A result of an increase in consumption
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