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If the value of collateral rises for aconsumer, A. current consumption rises only if the collateral constraint does not bind. B. future consumption remains the

If the value of collateral rises for aconsumer,

current consumption rises only if the collateral constraint does not bind.

future consumption remains the same if the collateralconstraints, both before and after thechange, bind.

none of the above.

current consumption must rise.

current consumption must fall.

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