Unanticipated inflation erodes the purchasing power of money. ___________ is hurt least by unanticipated inflation. Group of answer choices

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter7: Unemployment And Inflation
Section: Chapter Questions
Problem 4.10P
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Unanticipated inflation erodes the purchasing power of money. ___________ is hurt least by unanticipated inflation.
Group of answer choices
A person on a fixed income
A creditor
A borrower
A lender
 
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