Multiple Choice
If you were a borrower, which of the following unexpected changes in inflation would you prefer once you have taken out a long term fixed rate loan?
A) An increase from 2% inflation to 6% inflation.
B) An increase from 7% inflation to 10% inflation.
C) A decrease from 14% inflation to 8% inflation.
D) A decrease from 6% inflation to 3%.
Correct Answer:

Verified
Correct Answer:
Verified
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