Lita needs to borrow money to buy a home. suppose that the saving rate in the country is expected to decrease. assuming that nothing else changes this means that if Lita borrows now, her cost of borrowing money is expected to ______________ due to the following factor: a. increasing preference for current consumption b. falling interest rates c. increasing preference for future consumption
Lita needs to borrow money to buy a home. suppose that the saving rate in the country is expected to decrease.
assuming that nothing else changes this means that if Lita borrows now, her cost of borrowing money is expected to ______________ due to the following factor:
a. increasing preference for current consumption
b. falling interest rates
c. increasing preference for future consumption