Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
8 years ago
If a financial institution extends a 25 year loan at a 6 percent interest rate, and then the inflation rate increases suddenly and unexpectedly to 6 percent per year, the institution receives on its loan a real return of
A) minus 12 percent.
B) zero percent.
C) 6 percent.
D) 12 percent.
E) 36 percent.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 237 times
2 Replies
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Sublight2097 Author
wrote...
#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1066 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 350
  
 164
  
 977