If Inflation Is Higher Than Expected, Then Borrowers Make Nominal

question 57

True/False

If inflation is higher than expected, then borrowers make nominal interest payments that are less than they expected.

---

Definitions:

Intramuscularly

A method of delivering medication directly into the muscles, allowing for rapid absorption into the bloodstream.

Absorbed

The process by which substances are taken into cells or across tissues, such as liquids absorbed by the skin or nutrients by the body.

Manufacturer

A person or company that makes goods for sale, especially on a large scale and involving complex machinery and processes.

Analgesic

A class of drugs designed to relieve pain without causing loss of consciousness, often referred to as painkillers.