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Other Fields Homework Help Economics Topic started by: Llanis on Oct 19, 2017



Title: If you agree to a long-term loan at a specified nominal rate of interest and inflation turns out to ...
Post by: Llanis on Oct 19, 2017
If you agree to a long-term loan at a specified nominal rate of interest and inflation turns out to be higher than was anticipated,
A) the nominal rate of interest falls.
B) the nominal rate of interest rises.
C) the real rate of interest falls.
D) the real rate of interest rises.


Title: Re: If you agree to a long-term loan at a specified nominal rate of interest and inflation turns out ...
Post by: LBCea on Oct 19, 2017
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