Business, 22.09.2019 22:30, neonbluefaith
Abank makes a loan for one year. the nominal annual interest rate is 7.5%. the real rate is 4%. over the course of the year, overall prices increase by 4%. this rate of inflation hurt the because the actual rate of inflation was than the anticipated rate.
Answers: 1
, we can find the expected inflation rate as 3.5% (
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Abank makes a loan for one year. the nominal annual interest rate is 7.5%. the real rate is 4%. over...
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