Which of the following would be hurt the most by unanticipated inflation?

A.
borrowers with fixed rate loans
B.
borrowers with variable rate loans
C.
creditors
D.
both borrowers and creditors are hurt the same
Macroeconomics
AP
College Board
Exam No:AP Macroeconomics Problem Set 5 Year:2024 Question No:APMacroeconomics2024AP0091

Answer:

C

Knowledge points:

5.3 Money Growth and Inflation

Solution:

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