During a Period of Unanticipated Inflation

question 75

Multiple Choice

During a period of unanticipated inflation,

• A)Debtors are better off and creditors are worse off.
• B)Debtors and creditors are both better off because of lower real interest rates.
• C)Individuals on fixed incomes are better off.
• D)All individuals are worse off because of the level of uncertainty.

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