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Between 2010 and 2011 inflation was higher than expected. Which of the following is true regarding the effects of (unanticipated) inflation on borrowers and lenders?
Between 2010 and 2011 inflation was higher than expected. Which of the following is true regarding the effects of (unanticipated) inflation on borrowers and lenders? Group of answer choices Higher than expected inflation is good for both borrowers and lenders. Higher than expected inflation is good for borrowers and bad for lenders. Higher than expected inflation is bad for both borrowers and lenders. Higher than expected inflation is good for lenders and bad for borrowers
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