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19 Jan 2019
A decrease in the real interest rate will likely lead to:
a. Less present consumption in favor of future consumption.
b. An outward shift in the intertemporal production possibilities frontier.
c. An inefficient use of resources available for present and future consumption.
d. Less future consumption in favor of present consumption.
A decrease in the real interest rate will likely lead to:
a. Less present consumption in favor of future consumption.
b. An outward shift in the intertemporal production possibilities frontier.
c. An inefficient use of resources available for present and future consumption.
d. Less future consumption in favor of present consumption.
2 Jun 2021