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Business, 27.07.2021 22:40 prettyprincess9643

Luigi is willing to lend Klaus $5,000 for one year at a nominal rate of interest of 7%. Both Luigi and Klause expect the rate of inflation to be 2% in the next year. How much additional purchasing power will Luigi have in one year

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Luigi is willing to lend Klaus $5,000 for one year at a nominal rate of interest of 7%. Both Luigi a...

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