Suppose That at the End of a Given Year There

question 45

Multiple Choice

Suppose that at the end of a given year there has been unanticipated inflation of 4 percent. Who is better off at the end of the year?

• A)a consumer who lent money at the end of the year
• B)a bank that lent money at the end of the year
• C)a bank that lent money at the beginning of the year
• D)a consumer who borrowed money at the end of the year
• E)a consumer who borrowed money at the beginning of the year

---

Definitions:

Myocardial Infarction

A medical condition commonly known as a heart attack, which occurs when blood flow to the heart is blocked, causing heart muscle damage.

Smokers

Individuals who regularly inhale smoke from burning tobacco products, such as cigarettes, cigars, or pipes, with potential for negative impacts on their health.

Impasse

A deadlock or stalemate situation where parties involved in a negotiation or discussion are unable to move forward to reach an agreement.

Intensifies

To become or make more intense, amplifying the strength or seriousness of something.