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In chapter 5 the textbook author states, If taxpayers borrow for personal purposes, such as buying a new automobile, they will likely better off taking

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In chapter 5 the textbook author states, "If taxpayers borrow for personal purposes, such as buying a new automobile, they will likely better off taking out a home equity loan rather than consumer debt." Discuss one reason why you might agree with the author's statement and also discuss a reason why you might disagree with the author's statement

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