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Natalija [7]
3 years ago
7

The nominal interest rate is 7% on a 1-year loan for $1,000. The lender had anticipated an inflation rate of 2% for the coming y

ear. During the year, however, the economy experienced deflation of 4%. In this case:
a. the borrower is hurt and the lender is helped by deflation.
b. the borrower is helped and the lender is hurt by deflation.
c. there is no benefit or harm either to the borrower or the lender.
d. the effects on the borrower and the lender depend on their respective tax rates.
e. both the borrower and lender are hurt by deflation.
Social Studies
2 answers:
nalin [4]3 years ago
7 0

Answer:

the borrower is hurt and the lender is helped by deflation.

horrorfan [7]3 years ago
3 0

Answer:

C or d

Explanation:

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Generally, filter bubbles applies user information and history in making recommendation and personalizing what is seen by different users which can be really amazing.

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In many countries, children are becoming overweight and unhealthy. Some people think that the government has the responsibility
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With more than 1 billion adults in the world being either overweight or obese as of 2003, excess weight had reached epidemic levels. Over 2 billion people were affected in 2013. For all age categories, there have been increases.

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5 0
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Anti-federalists feared that the new Constitution would create a government that could be as tyrannical as the British had been.
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<u>Answer: </u>

Anti-federalists feared that the new Constitution would create a government that could be as tyrannical as the British had been is a TRUE statement.

Explanation:

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Answer:

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Explanation:

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Hope this helps you

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