Of the Following, Who Would Most Likely Be Hurt by an Unanticipated

question 25

Multiple Choice

Of the following, who would most likely be hurt by an unanticipated increase in the rate of inflation?

• A) an individual with a 30-year fixed-rate home mortgage loan
• B) the U.S. federal government because it has a large quantity of outstanding debt
• C) lenders who have made long-term loans at fixed interest rates
• D) Social Security recipients whose benefits are adjusted upward as the general level of prices increases

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Definitions:

Slavery

A system in which individuals are owned by others, denied freedom and forced to work without pay.

South American Countries

South American countries are the nations located on the continent of South America, including Brazil, Argentina, Colombia, and others, each with its distinct culture, history, and government.

Brazil

A country in South America that is the largest both in terms of area and population on the continent, known for its diverse ecosystems and vibrant culture.

Slave Ownership

Refers to the historical and inhumane practice of possessing individuals as property, primarily seen in pre-Civil War United States among other parts of the world.