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Do Homework - jinxin li - Google Chrome X Course He mathxl.com/Student/PlayerHomework.aspx?homeworkld=579524993&questionld=15&flushed=false&cld=6239023¢erwin=yes kid= ECN600 Intermediate Macroeconomics II (Section 01) jinxin li & | 09/30/20 1:30 AM E Homework: Assignment 1B dy P Save bu agr Score: 0 of 1 pt 16 of 37 (15 complete) HW Score: 31.16%, 11.53 of 37 pts messag ging rat 9.1 Review Question 16 Question Help What are the effects of an increase in the real interest rate on consumption in each period, and on savings? How does this depend on income and substitution effects and whether the consumer is a borrower or lender? Holding current disposable income constant, an increase in the real interest rate for a borrower will decrease current consumption, Solu will decrease future consumption, and Will increase current savin me constant, an increase in the real interest rate for a lender will increase current consumption, will increase will decrease will decrease current savings. If the income effect is larger than the substitution effect, current consumption increa will Increase than the substitution effect, then by C saving increases. may increase or decrease Macro mics, G 5th Edit an h Click to select your answer(s) and then click Check Answer. ? lo... All s showing Clear All Final Checkmathxl.com/Student/PlayerHomework.aspx?homeworkld=579524993&questionld=15&flushed=false&cld=6239023¢erwin=yes ECN600 Intermediate Macroeconomics II (Section 01) jinxin li & | 09/30/20 1:30 Homework: Assignment 1B Score: 0 of 1 pt 16 of 37 (15 complete) HW Score: 31.16%, 11.53 of 9.1 Review Question 16 Question Help What are the effects of an increase in the real interest rate on consumption in each period, and on savings? How does this depend on income and substitution effec and whether the consumer is a borrower or lender? Holding current disposable income constant, an increase in the real interest rate for a borrower will decrease current consumption, will decremse future consumption, and Will increase current savings. Holding current disposable income constant, an increase in the Increase current consumption, will increase future consumption, and will decrease currer may increase or decrease Jer than the substitution effect, current consumption increases. If the income effect is | smaller than the substitution effect, the will decrease will increase Click to select your answer(s) and then click Check Answer. All parts showing Clear All Final CheckP Do Homework - jinxin li - Google Chrome urse He - X mathxl.com/Student/PlayerHomework.aspx?homeworkld=579524993&questionld=15&flushed=false&cld=6239023¢erwin=yes ECN600 Intermediate Macroeconomics II (Section 01) jinxin li & | 09/30/20 1:31 AM kid=7cc Homework: Assignment 1B dy Pack Save Score: 0 of 1 pt ou agree to 16 of 37 (15 complete) message wi HW Score: 31.16%, 11.53 of 37 pts ging rates n 9.1 Review Question 16 Question Help What are the effects of an increase in the real interest rate on consumption in each period, and on savings? How does this depend on income and substitution effects and whether the consumer is a borrower or lender? Holding current disposable income constant, an increase in the real interest rate for a borrower will decrease current consumption, will decrease future consumption, and Will increase current savings. Holding current disposable income constant, an increase in the real Chegg interest rate for a lender will increase current consumption, will increase future consumption, and will decrease current savings. If the income effect is larger than the substitution effect, current ne effect is smaller than the substitution effect, then by Chegg saving increases will increase Macroecon mics, Globa will decrease 5th Edition may increase or decrease an help ... 4 136 Click to select your answer(s) and then click Check Answer. ? lo... 6101 showing Clear All Final CheckDo Homework - jinxin li - Google Chrome X Course He mathxl.com/Student/PlayerHomework.aspx?homeworkld=579524993&questionld=15&flushed=false&cld=6239023¢erwin=yes ECN600 Intermediate Macroeconomics II (Section 01) jinxin li & | 09/30/20 1:31 AM Homework: Assignment 1B Save Score: 0 of 1 pt 16 of 37 (15 complete) HW Score: 31.16%, 11.53 of 37 pts 9.1 Review Question 16 Question Help What are the effects of an increase in the real interest rate on consumption in each period, and on savings? How does this depend on income and substitution effects and whether the consumer is a borrower or lender? Holding current disposable income constant, an increase in the real interest rate for a borrower will decrease current consumption, will decrease future consumption, and Will Increase current savings. Holding current disposable income constant, an increase in the real interest rate for a lender will increase current consumption, will increase future consumption, and will decrease current savings. If the income effect is larger than the substitution effect, current consumption increases. If the income effect is | smaller than the substitution effect, then saving increases larger smaller Click to select your answer(s) and then click Check Answer. ? All parts showing Clear All Final CheckDo Homework - jinxin li - Google Chrome purse He X mathxl.com/Student/PlayerHomework.aspx?homeworkld=579524993&questionld=15&flushed=false&cld=6239023¢erwin=yes ECN600 Intermediate Macroeconomics II (Section 01) jinxin li & | 09/30/20 1:31 AM kid= Homework: Assignment 1B idy P Save Score: 0 of 1 pt ou agre 16 of 37 (15 complete) HW Score: 31.16%, 11.53 of 37 pts messag ging rat 9.1 Review Question 16 Question Help What are the effects of an increase in the real interest rate on consumption in each period, and on savings? How does this depend on income and substitution effects and whether the consumer is a borrower or lender? Holding current disposable income constant, an increase in the real interest rate for a borrower will decrease current consumption, will decrease future consumption, and Will increase current savings. Holding current disposable income constant, an increase in the real interest rate for a lender will increase current consumption, will increase future consumption, and will decrease current savings. If the income effect is larger than the substitution effect, current consumption increases. If the income effect is | smaller than the substitution effect, then by Ch saving increases. Macro mics, smaller 5th Edit larger an h Click to select your answer(s) and then click Check Answer. ? lo... All parts showing Clear All Final Check or