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wildcat290 wildcat290
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Posts: 509
5 years ago
Suppose that the expected inflation rate is 3 percent and the actual inflation rate is 6 percent. Then borrowers

▸ and lenders are both better off.

▸ are better off and lenders are worse off.

▸ and lenders are both worse off.

▸ are worse off and lenders are better off.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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jenniferagrethejenniferagrethe
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Posts: 369
5 years ago
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