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True or false; 1.Lenders gain when inflation is higher than expected. 2. Lenders lose when inflation is higher than expected 3....Asked by hannah
True or false;
1.Lenders gain when inflation is higher than expected.
2. Lenders lose when inflation is higher than expected
3. real interest rates will never go negative
4. loan contracts specify the nominal interest rate.
5. if inflation is higher than the nominal interest rate. the real interest rate is negative
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