High Inflation Is Costly to Firms and Individuals

Multiple Choice

High inflation is costly to firms and individuals.Of the following,who is most adversely affected by high inflation?

A) a homeowner with a 25-year fixed-rate mortgage
B) a student with student loans repayable in nominal terms at a fixed rate of interest
C) a student with student loans repayable on an indexed basis at a variable rate of interest
D) a senior whose retirement income is an indexed pension plan
E) a senior whose retirement income is fixed in dollar terms