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How does a rise in interest rates generally affect consumption?a)Increases consumptionb)Has no effect on consumptionc)Decreases consumptiond)Causes a proportional change in consumptionCorrect answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about How does a rise in interest rates generally affect consumption?a)Increases consumptionb)Has no effect on consumptionc)Decreases consumptiond)Causes a proportional change in consumptionCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How does a rise in interest rates generally affect consumption?a)Increases consumptionb)Has no effect on consumptionc)Decreases consumptiond)Causes a proportional change in consumptionCorrect answer is option 'C'. Can you explain this answer?.

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