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

Question

3 years ago

7

inflation over the upcoming year that would be most beneficial to you would be a rate of inflation

1 answer:

Elina [12.6K] · Answer 1 · 2021-12-28T10:29:14+03:00

3 0

1000 / 5 = 20.0 % rate of inflation

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