10. Why would anyone borrow money at 400 percent interest, as was the case in Zimbabwe in...

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10. Why would anyone borrow money at 400 percent interest, as was the case in Zimbabwe in 2007? (See World View, "Sky-High Interest Rates in Africa"

(page 139). Why would a bank lend money in that situation? L03

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The Macro Economy Today

ISBN: 377287

11th Edition

Authors: Bradley Schiller

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