Unanticipated Inflation

question 11

Multiple Choice

Unanticipated inflation:

• A)reduces the real burden of the debt for borrowers
• B)hurts borrowers and helps lenders
• C)automatically hurts people whose sole source of income is from wages
• D)helps both borrowers and lenders
• E)hurts both borrowers and lenders

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Definitions:

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A country in West Africa, known for its rich history, diverse culture, and as the scene of a brutal civil war in the 1990s.

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