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Consider the following data for an economy. In 1994 the nominal interest rate (i) is 3.3% and the inflation rate (it) is 1.9%. In 2004,

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Consider the following data for an economy. In 1994 the nominal interest rate (i) is 3.3% and the inflation rate (it) is 1.9%. In 2004, i = 4.1% and I = 1.9%. Given this information: O A. It would be better to be a lender in 2004 O B. It would be better to be a borrower in 2004 O C. It would be better to lender in 1994 O D. There is not enough information to

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