Suppose the market experiences a sudden increase in the interest rate. Which of the following...
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Finance
Suppose the market experiences a sudden increase in the interest rate. Which of the following are true?
i. It becomes more desirable to spend money today.
ii. It is less desirable to save.
iii. It becomes less desirable to spend money today.
iv. It is more desirable to save.
a. i,iv.
b. ii,iii.
c. iii.iv.
d. i,ii.
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