Social Studies, 22.05.2021 03:10 destiniout04231
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
Answers: 3
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Which of the following is true if someone decides to borrow $1000 from a bank at 5% interest during...
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