Inflation Is a Benefit in the Short Run to

question 18

Multiple Choice

Inflation is a benefit in the short run to

• A)no one.
• B)borrowers.
• C)lenders.
• D)both borrowers and lenders.

---

Definitions:

Heat Value

The amount of heat produced by the complete combustion of a given substance, often measured in Joules per kilogram (J/kg) or British Thermal Units (BTU).

Food

any nutritious substance that people or animals eat or drink to maintain life and growth.

Infirmity

Illness, disease.

Illness

A condition that negatively affects a person's normal physiological or psychological state, often characterized by specific signs and symptoms.