Question: True or false with clear explanations (no graph needed). Need asap, thank you ! Consider a closed economy. The increased capital depreciation rate and a

True or false with clear explanations (no graph needed). Need asap, thank you !

Consider a closed economy. The increased capital depreciation rate and a decrease in the tax rate on returns on savings will decrease real interest rates and the equilibrium quantity of saving supplied and demanded in this economy.

Answer true or false. Please briefly explain your answer.

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