Provide an example of how your own consumption would change as the real interest rate changes. Specifically,

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Provide an example of how your own consumption would change as the real interest rate changes. Specifically, describe how your opportunity costs change. If other consumers made similar changes, how would that affect aggregate expenditure?

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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