Higher interest rates are likely to Group of answer choices decrease consumer spending and increase consumer saving. have no effect on consumer spending or saving. increase consumer spending and decrease consumer saving. decrease both consumer spending and consumer saving.

Higher interest rates are likely to Group of answer choices decrease consumer spending and increase consumer saving. have no effect on consumer spending or saving. increase consumer spending and decrease consumer saving. decrease both consumer spending and consumer saving.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter17: Federal Deficits, Surpluses, And The National Debt

Section17.3: Why Worry Over The National Debt?

Problem 1YTE

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Higher interest rates are likely to

Group of answer choices

decrease consumer spending and increase consumer saving.

have no effect on consumer spending or saving.

increase consumer spending and decrease consumer saving.

decrease both consumer spending and consumer saving.

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