Blog

Tap into our never ending pot of knowledge

Using indifference curves and budget lines in the (c1, c2) plane, illustrate a situation in which a rise in the interest rate, r, causes someone to change from being a borrower to a saver, but leaves

Using indifference curves and budget lines in the (c1, c2) plane, illustrate a situation in which a rise in the interest rate, r, causes someone to

Using indifference curves and budget lines in the (c1, c2) plane, illustrate a situation in which a rise in the interest rate, r, causes someone to change from being a borrower to a saver, but leaves them with exactly the same utility as they had before.

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *