Question
Low inflation makes it harder for borrowers to repay debts owed to banks because ___________________. Group of answer choices the real value of debt remains
Low inflation makes it harder for borrowers to repay debts owed to banks because ___________________.
Group of answer choices
the real value of debt remains high
it reduces bank profitability
it reduces the bargaining power of the consumer
it pushes down the value of the wage earned by the borrower
All of the above
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
