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Higher interest rates may cause consumers to decide not to purchase a new house or new automobile. businesses to postpone a potential purchase of capital.
Higher interest rates may cause consumers to decide not to purchase a new house or new automobile. businesses to postpone a potential purchase of capital. an increase in the amount of investment spending. both A and B
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
