A variable-rate mortgage
A) eliminates the risk of expected inflation.
B) increases the efficiency of the economy.
C) has an interest rate that increases with inflation.
D) is a fixed interest rate on a particular loan, but that fixed rate varies depending on the length of the loan.
E) shifts the risk of unexpected inflation from the borrower to the lender.
Correct Answer:
Verified
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A) increases the efficiency of the
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