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urgent Higher than expected inflation will increase: Select one: a. real interest rate borrowers pay on fixed-rate mortgages b. nominal amounts people need to save

urgent

Higher than expected inflation will increase:

Select one:

a. real interest rate borrowers pay on fixed-rate mortgages

b. nominal amounts people need to save for retirement

c. real interest rate savers earn on fixed-rate deposits

d. real interest rates both paid on mortgages and earned on deposits

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