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Answer to Question #100397 in Macroeconomics for Mazhar Hussain

Question #100397
If i took loan from a local bank in my country suddenly there is a decrease in inflation rate will i gain or lose money
1
Expert's answer
2019-12-13T10:25:12-0500

If you took loan from a local bank in your country, and suddenly there is a decrease in inflation rate, then you will lose money, because the value of your loan to be repaid will increase.


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