Suppose there was a high probability of a global


Suppose there was a high probability of a global catastrophe and a low probability of people living much longer after this catastrophe. How would that forecast affect people's willingness to save at any given interest rate? How would that affect people's willingness to borrow at any given interest rate? All else remaining the same, what would happen to interest rates would they rise or fall? Explain

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Financial Management: Suppose there was a high probability of a global
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