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Social Studies, 30.10.2019 05:31 gchippewa81

Assume that there is a fixed rate of interest on contracts for borrowers and lenders. if unanticipated "deflation" occurs in the economy, then: a. both lenders and borrowers benefit b. both lenders and borrowers are hurt c. borrowers are hurt, but lenders benefit d. lenders are hurt, but borrowers benefit

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