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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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