9. How should an increase in inflation affect the interest rate on an adjustable-rate mortgage? ECON

asked Dec 19, 2024 113k views

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9. How should an increase in inflation affect the interest rate on an adjustable-rate mortgage?

ECON

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4 votes

Answer:

An increase in inflation affects the interest rate on an adjustable-rate mortgage by reducing the interest rate.

SilentKiller answered Dec 26, 2024

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