Answer the ff. 4. If the inflation rate is 5% per year and the cost of money is 16% per annum. how much Interest rate should a borrower be charged to Include the effect of inflation? 5. How much interest rate should a borrower be charge to take care of inflation. If the cost of money Is 18% per annum and annual Inflation rate is 7%?
Answer the ff. 4. If the inflation rate is 5% per year and the cost of money is 16% per annum. how much Interest rate should a borrower be charged to Include the effect of inflation? 5. How much interest rate should a borrower be charge to take care of inflation. If the cost of money Is 18% per annum and annual Inflation rate is 7%?
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 33P: The index number representing the price level changes from 110 to 115 in one year and then from 115...
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Answer the ff.
4. If the inflation rate is 5% per year and the cost of money is 16% per annum. how much Interest rate should a borrower be charged to Include the effect of inflation?
5. How much interest rate should a borrower be charge to take care of inflation. If the cost of money Is 18% per annum and annual Inflation rate is 7%?
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