Why borrowers would be willing to pay a higher interest rate


Problem

Inflation and Interest Rates: Explain as carefully as you can why borrowers would be willing to pay a higher interest rate if they expected the inflation rate to increase in the future.

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: Why borrowers would be willing to pay a higher interest rate
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