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5. You are considering buying a car and have enough money in your savings account to cover it. If inflation suddenly rises, the opportunity cost of buying the car real interest rate a. rises; falls; less b. rises; rises; more c. falls; falls; less d. falls; falls; more making you likely to buy it. as the

5. You are considering buying a car and have enough money in your savings account to cover it. If inflation suddenly rises, the opportunity cost of buying the car real interest rate a. rises; falls; less b. rises; rises; more c. falls; falls; less d. falls; falls; more making you likely to buy it. as the

MACROECONOMICS
MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter6: How Statisticians Measure Inflation
Section: Chapter Questions
Problem 6TY
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5. You are considering buying a car and have enough money in your savings account to cover it. If inflation suddenly rises, the opportunity cost of buying the car real interest rate a. rises; falls; less b. rises; rises; more c. falls; falls; less d. falls; falls; more making you likely to buy it. as the
Transcribed Image Text:5. You are considering buying a car and have enough money in your savings account to cover it. If inflation suddenly rises, the opportunity cost of buying the car real interest rate a. rises; falls; less b. rises; rises; more c. falls; falls; less d. falls; falls; more making you likely to buy it. as the
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