=+. The accompanying diagram shows the interest rate on one-year loans and inflation during 2001-2016 in the

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=+. The accompanying diagram shows the interest rate on one-year loans and inflation during 2001-2016 in the economy of Albernia. When would one-year loans have been especially attractive to borrowers and why?

Inflation rte von Inflation Interest rate on ‘one-yer loons

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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