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Llanis Llanis
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6 years ago
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.
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Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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