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6-4 Suppose the population of Area Y is relatively young while that of Area O is relatively old, but everything else about the two areas is equal.

This question was answered on Jan 25, 2013. View the Answer
6-4 Suppose the population of Area Y is relatively young while that of Area O is relatively old, but everything else about the two areas is equal.
a. Would interest rates likely be the same or different in the two areas? Explain.
b. Would a trend toward nationwide branching by banks and savings and loans, and the development of nationwide diversified financial corporations, affect your answer to part a?
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Question:
6-4 Suppose the population of Area Y is relatively young while that of Area O is relatively
old, but everything else about the two areas is equal.
a. Would interest rates likely be the...

This question was asked on Jan 24, 2013 and answered on Jan 25, 2013.

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