Multiple Choice
Woody wants to open a pet store and needs to buy a building.Both the nominal interest rate and the inflation rate increase by 2 percent.Now,Woody
A) will not buy the building.
B) is more likely to buy the building.
C) is less likely to buy the building.
D) is just as likely to buy the building as before.
Correct Answer:
Verified
Correct Answer:
Verified
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