Multiple Choice
If you take out a bank loan prior to unanticipated inflation
A) it will be harder for you to repay the loan because of the inflated dollar.
B) you will gain at the expense of your bank.
C) your bank will gain at your expense.
D) neither you nor your bank will be affected, because the loan was made prior to the inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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