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

9. How should an increase in inflation affect the interest rate on an adjustable-rate mortgage? ECON
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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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User Drew Blessing
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Answer:

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

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User SilentKiller
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