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Describe how a lender can lose during inflation if the inflation is unanticipated and the loan is a fixed-interest-rate loan.How would a variable-interest-rate loan (one that adjusts over the contract period)eliminate these loses?
Maslow
Abraham Maslow was an American psychologist who created the hierarchy of needs, a theory in psychology proposing that human actions are motivated by the fulfilment of needs ranging from the most basic physiological to self-actualization.
Belongingness
Belongingness is the human emotional need to be an accepted member of a group, whether it is family, friends, co-workers, or a larger organization.
Maslow
American psychologist who developed the hierarchy of needs, a theory in psychology that prioritizes fundamental human wants and desires crucial for individual growth.
Self-actualization
The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.
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