Business, 28.12.2019 06:31 aubrey1161

You lent $700 to a friend for one year at a nominal rate of interest of 4 percent. inflation during that year was 3 percent. did you experience an increase or decrease in the purchasing power of your money? how much did it increase or decrease?

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You lent $700 to a friend for one year at a nominal rate of interest of 4 percent. inflation during...

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