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In an Inflationary Atmosphere That Everyone Anticipates Will Persist, Lenders

Question 296

Multiple Choice

In an inflationary atmosphere that everyone anticipates will persist, lenders will


A) desire a lower nominal interest rate to increase the real rate.
B) desire a higher nominal interest rate to protect against the inflation.
C) tend to see the real rate of interest increase, particularly if the inflation is unforeseen.
D) have the real rate of interest guaranteed by the Federal Reserve Board.

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