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Which of the following statements is a good description of the results of this exercise, as well as its implications for broader consumer behavior? All
Which of the following statements is a good description of the results of this exercise, as well as its implications for broader consumer behavior? All consumers, including Carlos, save more money when interest rates are high, because they get a higher return on that investment. In this case, Carlos saves more money when interest rates are high. However, consumers with different preferences might save less money when interest rates are high. In this case, Carlos saves less money when interest rates are high. However, consumers with different preferences might save more money when interest rates are high. All consumers, including Carlos, save less money when interest rates are high, because they don't need to save as much money to have the same future income
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