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sinerus sinerus
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7 years ago
Suppose that you lend $5,000 to a friend who pays you back $5,400 the next year. Suppose that prices that year rose by 6% and the real rate of return in the stock market was 5%. Your friend says that he or she was being more than fair by giving you more than the rate of inflation as a return. What do you think?
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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trumpetsoflifetrumpetsoflife
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7 years ago
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sinerus Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ediblefruitz
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Yesterday
Thanks
tcat
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2 hours ago
This helped my grade so much Perfect
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