A rise in the rate of people's time preference in general tends to
A) increase interest rates.
B) decrease interest rates.
C) have no effect on interest rates.
D) have no effect at all in the market for credit.
A
Economics
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A) using current market values. B) during a recession. C) minus depreciation. D) after adjusting for any price changes. E) that ignores depreciation.
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A game in which firms act together to increase their mutual payoff is called a ______.
a. non-cooperative game b. binding contract c. cooperative game d. payoff matrix
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