Suppose you lend $1,000 at an interest rate of 10 percent over the next year

If the expected real interest rate at the beginning of the loan contract is 4 percent, then what rate of inflation over the upcoming year would be most beneficial to you as the lender? An inflation rate
A) equal to 4 percent. B) equal to 0 percent.
C) equal to 6 percent. D) greater than 6 percent.

B

Economics

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Archie can paint 5 backyard fences or repair 2 cars in 8 hours, while Austin can paint 4 backyard fences or repair 2 cars in 8 hours. Identify the correct statement

a. Archie is relatively better in repairing cars. b. Archie is relatively better in painting fences. c. Austin is relatively better in painting fences. d. Archie and Austin are equally good in painting fences. e. Neither Archie not Austin are good in repairing cars.

Economics

The shortest term security sold by the US is the:

A. Treasury bonds. B. Treasury notes. C. certificate of deposit. D. Treasury bills.

Economics