=+move? Why? a. Ed spends a large portion of his income on his childrens education. Because tuition

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=+move? Why?

a. Ed spends a large portion of his income on his children’s education. Because tuition fees rise, one of his children has to withdraw from college.

b. Homer spends much of his monthly income on home mortgage payments. The interest on his adjustable-rate mortgage falls, lowering his mortgage payments, and Homer decides to move to a larger house. c.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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