Question

A lender demands an interest rate in part to compensate for any expected _______, so that the money that is repaid in the future will have at least as much buying power as the money that was originally loaned.

Answer 1

Inflation

Step-by-step explanation:

A lender demands an interest rate in part to compensate for any expected inflation, so that the money that is repaid in the future will have at least as much buying power as the money that was originally loaned.