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Inflation affect the number of vehicles

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Reference no: EM131326061

In a context of 220 to no more than 250 words:

The General Manager (GM) of a car dealership is working on a three-year business plan. The GM expects inflation to rise over the next three years.

  • How will higher inflation affect the number of vehicles the dealership can sell?
  • Based on the GM's inflation expectation what type of loan should the dealership arrange with its bank in order finance its inventory of automobiles?

Reference no: EM131326061

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