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Let's consider how expansionary monetary policy affects different people across the economy. It appears that the expansionary policy has been good for the economy. Incomes

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Let's consider how expansionary monetary policy affects different people across the economy. It appears that the expansionary policy has been good for the economy. Incomes are up, and unemployment is down. However, inflation has risen. Which of the following people are harmed by this? Choose one or more: A. a bank that makes loans before the expansionary policy led to higher inflation B. automobile workers who signed a two-year contract before the inflation hit C. input suppliers who face low menu costs O D. new homeowners who took out a mortgage before the inflationary effects kicked in

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