Answer to Question #87337 in Macroeconomics for aa

Question #87337
Which of the following groups is most hurt by unexpected inflation?

a. People with large debts to pay for their homes and cars
b. Homeowners
c. People with large retirement savings held in savings accounts
d. Workers with cost of living adjustments in their labour contracts
1
Expert's answer
2019-04-03T09:02:40-0400

C) Because their assets lose its cost


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