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13 June, 21:37

Suppose you borrow $1,000 at an interest rate of 12 percent. if the expected real interest rate is 5 percent, then the rate of inflation over the upcoming year that would be most beneficial to you would be a rate of inflation

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  1. 13 June, 23:12
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    1000 / 5 = 20.0 % rate of inflation
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