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Business, 21.04.2020 00:57 fattypickeltoefungus

During a financial crisis in the early 2000s, the government of Argentina partially froze bank accounts for a year. Given the supply of saving and the demand to borrow functions, we would expect this action to cause the interest rate to:

A. decrease and borrowing to decrease.
B. decrease and borrowing to increase
C. increase and borrowing to decrease
D. increase and borrowing to increase.

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Answers: 2

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