42. Consider an economy in which loans can be or two kinds. Loans may be made and repaid in terms of gold or they may be made and repaid in terms of cash. Suppose all markets are perfectly competitive, which also implies that there are no costs of transacting in markets. In the current period, a loan of 140 gm of gold has to be repaid in the next period with interest of 7 gm of gold, a loan of ? 120 has to be repaid with interest of 18 and all lenders and borrowers are indifferent between gold loans and cash loans. What is the expected percentage rise in the rupee price of gold next period