Why does the real interest rate, not the nominal interest rate, matter to borrowers and lenders?

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Microeconomics

ISBN: 9781337617406

13th Edition

Authors: Roger A Arnold

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Question Posted: Apr 05, 2024 05:00 AM

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Why does the real interest rate, not the nominal interest rate, matter to borrowers and lenders?

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Because the real interest rate is the rate paid by borrowers and recei...View the full answer

Microeconomics

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