Inflation can harm a. retirees on fixed pensions. b. borrowers who have long-term fixed interest rate loans.

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Inflation can harm

a. retirees on fixed pensions.

b. borrowers who have long-term fixed interest rate loans.

c. wage earners whose incomes grow slower than inflation.

d. either a or c.

e. all of the above.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 07:01 AM

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Inflation can harm a. retirees on fixed pensions. b. borrowers who have long-term fixed interest rate loans.

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Exploring Macroeconomics

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