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If Hannah is applying for a loan, which will give her the better deal: loan 1, a $1,000 loan at 6% real interest rate with

If Hannah is applying for a loan, which will give her the better deal: loan 1, a $1,000 loan at 6% real interest rate with 1% inflation, or loan 2, a $1,000 loan at 3% nominal interest rate with 2% inflation

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