An increase in the interest rate:
A)makes future consumption cheaper.
B)increases future income.
C)makes present consumption more expensive.
D)all of the above.

Name: An increase in the interest rate: A)makes future consumption cheaper. B)increases future income. C)makes present consumption more expensive. D)all of the above.
Brand: Quizplus
Rating: 5.0 (32 reviews)

Question

Quizplus · Accepted Answer

The Answer of An increase in the interest rate:
A)makes future consumption cheaper.
B)increases future income.
C)makes present consumption more expensive.
D)all of the above.

An Increase in the Interest Rate