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Determine if each statement is true or false. True Borrowers lose when inflation is higher than expected. Lenders lose when inflation is higher than

Determine if each statement is true or false. True Borrowers lose when inflation is higher than expected. Lenders lose when inflation is higher than expected. If inflation is higher than the nominal interest rate, the real interest rate is negative. False Real interest rates will never go negative. Loan contracts specify the nominal interest rate.

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