With more demand in the debt market,
standard economic theory suggests that mortgage rates would increase faster than they would have absent a higher deficit, raising the cost of financing a home.
Then,
standard economic theory suggests the market will incorporate the new information from this price, and individual interactions will again determine the best «solution» to what goods and services to produce.
Not exact matches
As a result,
economic theory suggests that rational consumers are forced to assume that no lawyer is better than the minimum
standard actually required.