imagine that you have a fixed 30-year interest, Microeconomics

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imagine that you have a fixed 30-year interest

Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examine who the winner and loser would be - either the borrower or the lender in the given scenario. Provide support for your response.

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Microeconomics: imagine that you have a fixed 30-year interest

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