The true cost of borrowing and lending is best measured by

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Shyann Downs

Social Studies

15 November, 18:32

The true cost of borrowing and lending is best measured by

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Sanaa Wagner · Answer 1

The true cost of borrowing and lending is best measured by : the real interest rate

The real interest rate reflect the true cost because it counted after calculating the rate of inflation into equation. The true cost could be find out by deducting the nominal interest rate with the inflation rate