Suppose you borrow 100 from a bank at 5 percent interest
Suppose you borrow $100 from a bank at 5 percent interest for one year and the inflation rate that year is 10 percent. Was this loan advantageous to you or to the bank?
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suppose you borrow 100 from a bank at 5 percent interest for one year and the inflation rate that year is 10 percent
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explain the differences in the classical and the keynesian theories of macroeconomic policy with respect to a recession
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