Given a fixed nominal interest rate on a loan, unanticipated deflation:
a. decreases th...
Business, 03.02.2020 08:54 kawtharALSAMARY
Given a fixed nominal interest rate on a loan, unanticipated deflation:
a. decreases the burden of paying off the loan.
b. increases the burden of paying off the loan.
c. does not alter the burden of paying off the loan.
d. has an indeterminate effect on the burden of paying off the loan.
Answers: 1
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