The notion of interest sensitive consumption would be most readily observed when people buy

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Interest rates can greatly affect the cost of financing a car purchase, and as a result, consumer demand for cars. When interest rates are low, consumers are more likely to take out loans to purchase cars, leading to an increase in car sales. Conversely, when interest rates are high, the cost of financing a car purchase may deter some consumers from purchasing, leading to a decrease in demand.

The Notion of Interest Sensitive Consumption Would Be Most Readily