________ Would Be Hurt by Unexpected Inflation

question 98

Multiple Choice

________ would be hurt by unexpected inflation.

• A) Someone who loaned money out at a fixed interest rate
• B) A firm that hired a worker on a two-year wage contract
• C) Someone who borrowed money at a fixed interest rate
• D) A worker whose wage increases with inflation
• E) A firm that purchased inputs with a two-year contract

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Definitions:

Substitute Check

A digital reproduction of a paper check that is legally considered the same as the original for processing and payment purposes.

Original Check

The first print or version of a check before it is copied or electronically presented.

Paid Twice

A situation where an individual or entity receives payment for the same service or goods more than once.

Altered Amount

A value or figure that has been modified or changed, usually in the context of financial transactions, documents, or reports, to differ from its original state.