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Business, 02.12.2021 17:50, pwolfiimp4
ABE Home Top Stories Archive About Us Song Log In Federal Reserve Expects Negative Trending Stores Inflation Rate in the Coming Year then
If the Federal Reserve is correct, will the inflation rate benefit borrowers who recently took out a loan or lenders who recently gave out a loan? Why?
А. The inflation rate will benefit lenders who recently gave out a loan because borrowers will repay the loan with money that is worth more than the money that they received in the loan.
B The inflation rate will benefit borrowers who recently took out a loan because borrowers will repay the loan with money that is worth less than the money that they received in the loan.
С The inflation rate will benefit lenders who recently gave out a loan because borrowers will have to repay their loan more quickly than if the inflation rate was positive. The inflation rate will benefit borrowers who recently took out a loan because
D borrowers will have more time to pay off their loan than if the inflation rate was positive.
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