If the default premium decreases, what is the effect on the consumption and savings of an individual consumer? If the default premium decreases, the individual consumer will her consumption and will her savings.

If the default premium decreases, what is the effect on the consumption and savings of an individual consumer? If the default premium decreases, the individual consumer will her consumption and will her savings.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If the default premium decreases, what is the effect on the consumption and savings of an individual consumer?
If the default premium decreases, the individual consumer will
her consumption and will
her savings.

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