With Fixed Interest Rates,unanticipated Deflation Hurts ________ Because ________

question 84

Multiple Choice

With fixed interest rates,unanticipated deflation hurts ________ because ________.

• A)lenders; they get paid back in less valuable dollars
• B)lenders; they get paid back in more valuable dollars
• C)borrowers; they repay the loan in more valuable dollars
• D)borrowers; they repay the loan in less valuable dollars

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Definitions:

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Principles that guide conduct and decision making based on notions of right and wrong.

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Concerns or disputes arising over what is morally right or fair, often relating to the equitable distribution of resources or treatment of individuals.

Instrumental Values

Basic convictions about modes of conduct and desirable end-states that act as guiding principles in one's life.

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