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Business, 08.04.2020 03:08 pettismayersjoy3le8

Consider a two-year period where a consumer has an income of $10,000 in year 1 and $8,000 in year 2. The consumer can borrow or lend at a rate of 10 percent. If the consumer decides to save $1,000 in year 1, it means:

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Consider a two-year period where a consumer has an income of $10,000 in year 1 and $8,000 in year 2....
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