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D Question 20 5 pts Bill took out a loan at a 5% interest rate. He expected the inflation rate to be 4% but instead

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D Question 20 5 pts Bill took out a loan at a 5% interest rate. He expected the inflation rate to be 4% but instead it turned out to be 2%. The real interest rate he paid is and the real value of the loan is than expected. O 1%; lower O 3%; lower O 3%; higher O 1%; higher

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