Negative inflationary surprises lead to a(n):.
A) increase in the real interest rate.
B) redi...
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Negative inflationary surprises lead to a(n):.
A) increase in the real interest rate.
B) redistribution of wealth from borrowers to lenders.
C) decline in the nominal interest rate.
D) decline in inflation risk for lenders.
E) redistribution of wealth from lenders to borrowers.
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