Economics 0455 · IGCSE · Inflation and deflation

Inflation and deflation — practice question

Which citizens are most likely to gain during a time of rapid inflation?

  • Acitizens who are receiving fixed state benefits
  • Bcitizens who earn fixed incomes
  • Ccitizens who have lent money at a fixed rate of interest
  • Dcitizens who have borrowed money at a fixed rate of interest

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