Play game interest rates and inflation on moblab

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Play the game Interest rates and inflation on Moblab.. Once you have played the game, address the following questions in complete detail giving a long explanation

1. How did you do in the game?

2. How did you decide on the level of interest to pay/charge? (Be sure to indicate if your method changed over the course of the game)

3. In the real world inflation is not known in advance. If you were making a loan how would you consider the effects of inflation when determining the interest rate?

Reference no: EM133636599

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