kaliahacash9
kaliahacash9 kaliahacash9
  • 10-11-2019
  • Social Studies
contestada

Which of the following groups is most negativity one affected by inflation
A-savers
B- creditors
C- DEBTORS

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garciak2000
garciak2000 garciak2000
  • 10-11-2019
Inflation hurts savers and creditors because the money they lend gets out back in cheaper dollars over time. On the other hand, unanticipated inflation helps borrowers and senators because they borrow money at a fixed rate and pay it back in cheaper dollars over time.
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