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With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 8 percent But if

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With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 8 percent But if the rate of inflation was anticipated to be 5 percent, the bank would most likely charge the firm an annual interest rate of Multiple Choice O 13 percent O 3 percent O 5 percent O 8 percent

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