When unexpected inflation occurs, A. borrowers are harmed. B. average prices have increased. C. lenders benefit. D. real wages rise.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter17: Stabilizing The National Economy
Section17.1: Unemployment And Inflation
Problem 4R
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When unexpected inflation occurs,
A. borrowers are harmed.
B. average prices have increased.
C. lenders benefit.
D. real wages rise.

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