How will an increase in the inflation rate affect the money, Microeconomics

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How will an increase in the inflation rate affect the money

Problem

How will an increase in the inflation rate affect (a) the money rate of interest and (b) the real rate of interest? Explain. Does inflation transfer wealth from lenders to borrowers? Why or why not?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How will an increase in the inflation rate affect the money

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Microeconomics: How will an increase in the inflation rate affect the money

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