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Author Question: An individual may borrow a certain sum of money from any of the three banks in his town. Bank 1 ... (Read 101 times)

2125004343

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on: Jun 30, 2018
An individual may borrow a certain sum of money from any of the three banks in his town.
 
  Bank 1 offers him loans at an annual rate of 5, Bank 2 offers him loans at an annual rate of 3 per year, and Bank 3 offers him a loan at an annual rate of interest of 10. A rational individual will:
  A) borrow from Bank 2.
  B) borrow from Bank 1.
  C) borrow from Bank 3.
  D) be indifferent about borrowing from any of the three banks.

Question 2

Which of the following statements is true?
 
  A) If households expect higher taxes in the future, they will decrease their current savings rate.
  B) The savings rate of households is dependent only on current consumption expenditure.
  C) The savings rate of households is dependent only on consumption expenditure planned for the future.
  D) If households expect higher taxes in the future, they will increase their current savings rate.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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canderson530

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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2125004343

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Reply 2 on: Jun 30, 2018
:D TYSM

Liamb2179

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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