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Lita needs to borrow money to buy a home. suppose that the saving rate in the country is expected to decrease.

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January 7th, 2018

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 consumptionb. falling interest ratesc. increasing preference for future consumption

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