The borrowers gain and lenders lose

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Reference no: EM13319192

1) when inflation rises quickly, borrowers will be hurt or lenders

2)if the actual inflation rate is less than the expected inflation then:

a) the lenders gain and the borrowers lose

b) the borrowers gain and lenders lose

c) everyone benefits from inflation

d) everyone worse off from the unexpected inflation

Reference no: EM13319192

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