per cent. Describe how this unexpectedly high inflation rate would help or hurt the following: a. the

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per cent. Describe how this unexpectedly high inflation rate would help or hurt the following:

a. the government

b. a homeowner with a fixed-rate mortgage

c. a union worker in the second year of a labour contract

d. a retired person who has invested their savings in government bonds.

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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