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Business, 14.07.2021 19:30 ethann47

Which of the following is true if someone decides to borrow $1000
from a bank at 5% interest during a
time period of 10% inflation?
A. Loans are not given during times of inflation.
B. The creditor would offer interest free loans.
C. The debtor would benefit the most.
D. Inflation does not affect interest rates.

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Answers: 3

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Which of the following is true if someone decides to borrow $1000
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