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01-10-2019
Business

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If the economy is experiencing deflation, A. high nominal interest rates inflict serious losses on both household and business borrowers. B. the nominal interest rate will be equal to the real interest rate. C. the nominal interest rate will be higher than the real interest rate. D. the nominal interest rate will be lower than the real interest rate.

Respuesta :

bricenshepard bricenshepard

01-10-2019

Answer:

D

Explanation:

the nominal interest rate will be lower than the real interest rate.

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