Suppose the inflation rate rises from 2 percent to 4 percent and bank loan rates rise from 4 percent to 8 percent. In this case: lenders benefit at...
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Suppose the inflation rate rises from 2 percent to 4 percent and bank loan rates rise from 4 percent to 8 percent.

In this case:


a. lenders benefit at the expense of borrowers

b. borrowers benefit at the expense to lenders

c. both borrowers and lenders benefit

d. none of the above

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