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What happens to the interest rates if a lot of households decide to postpone purchasing new homes due to a recession? Hint: Use demand and
What happens to the interest rates if a lot of households decide to postpone purchasing new homes due to a recession? Hint: Use demand and supply curves for loans. Group of answer choices Supply of mortgage loans increase and interest rates go down. Demand for mortgage loans decease and interest rates go down. Supply of mortgage loans decrease and interest rates go down. Demand for mortgage loans increase and interest rates go up
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