________ Would Be Hurt by Unexpected Inflation

question 40

Multiple Choice

________ would be hurt by unexpected inflation.

• A) Someone who lent money out at a fixed interest rate
• B) A firm that hired a worker on a two-year wage contract
• C) Someone who borrowed money at a fixed interest rate
• D) A worker whose wage increases with inflation
• E) A firm that purchased inputs with a two-year contract

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Definitions:

Achievement

The accomplishment of a goal or objective, typically requiring effort, skill, or courage.

Power

The ability to get others to do something you want done or to make things happen the way you want.

Affiliation

is a social or professional connection between individuals or organizations, often based on shared goals, interests, or values.

Life Experiences

The collection of events, situations, and activities that an individual encounters throughout their lifetime which shape their character and beliefs.