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3 True, False Uncertain (4 pts) Note: NO credit is given for your response true, false or uncertain. You must give your reasoning. 1) TFU:

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3 True, False Uncertain (4 pts) Note: NO credit is given for your response true, false or uncertain. You must give your reasoning. 1) TFU: an increase in the interest rate makes all households worse off. 2) TFU: if a household is neither borrowing nor lending, any change in the interest rate makes them better off

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