Consider the following five people and businesses: 1. Angela injured herself at work and is no longer working. The government pays her a fixed dollar amount in disability benefits each week. II. Arti has a just bought a house. She paid for the house by taking out a large mortgage. III. Farmer's Bank has given out large loans to dairy farmers. IV. Christian is saving money to buy a house. V. Yi is a retired gardener who has a pension that adjust with inflation. For example, her pension rises with inflation and falls with deflation. Which of the following statements is true? a. Angela is better off under deflation (where the level of prices is falling). b. All of the other answers are correct. c. Inflation is beneficial for Arti. d. Inflation penalizes Christian and Farmer's Bank