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Question 38 (1 point) Saved Assume lenders and borrowers make loan contracts in nominal (35) terms that are not indexed for inflation (i.e., the loan
Question 38 (1 point) Saved Assume lenders and borrowers make loan contracts in nominal (35) terms that are not indexed for inflation (i.e., the loan rate cannot be adjusted after the fact to reflect unanticipated changes in inflation). If during the loan period the inflation rate increases unexpectedly, who will suffer? O neither lender or borrower O the borrower 0 both lender and borrower @ the lender
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