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Who is Affected by Inflation?
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Who is Affected by Inflation?
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11. Unemployment and Inflation / Who is Affected by Inflation? / Problem 1
Problem 1
How do debtors benefit from unanticipated inflation?
A
They repay loans with money that has less purchasing power.
B
They repay loans with money that has more purchasing power.
C
They receive higher interest rates on their savings.
D
They are unaffected by inflation.
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