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liz_08 liz_08
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6 years ago
Last year, the nominal interest rate was less than the anticipated rate of inflation.
A) This means that not enough loans were made by banks.
B) This means that the real interest rate was negative.
C) This means that the real interest rate was very high.
D) This scenario is not possible.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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acarusoacaruso
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6 years ago
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liz_08 Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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