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A bank has made many 30 year mortgage loans at a fixed rate. It has many depositors into its savings accounts that can withdraw their
A bank has made many 30 year mortgage loans at a fixed rate. It has many depositors into its savings accounts that can withdraw their money at will. Inflation now rises and people expect it to remain high. What will this do the banks profits? Group of answer choices Could rise, fall, or stay the same. Stay the same. Fall. Rise
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Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
