If the annual rate of inflation is greater than the increase in your nominal income for that year… 1 answer below »

If the annual rate of inflation is greater than the increase in
your nominal income for that year, your real income goes A) Blank
(up/down – enter number from sheet, not the word). Unanticipated
inflation B) Blank (hurts/benefits – enter number from sheet, not
the word) lenders.

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