Because most loans are written in ________ terms, an unexpected increase in inflation hurts ________. a. real;
Question:
Because most loans are written in ________ terms, an unexpected increase in inflation hurts ________.
a. real; creditors
b. real; debtors
c. nominal; creditors
d. nominal; debtors
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The correct answer is b real debtors Heres why Loan terms Most loans are typically written in nomina...View the full answer
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