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    Economics Study Set 8
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    Exam 34: Inflation, Deflation, and Macro Policy
  5. Question
    When Inflation Is Unexpected, It Tends to Hurt
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When Inflation Is Unexpected, It Tends to Hurt

Question 70

Question 70

Multiple Choice

When inflation is unexpected, it tends to hurt:


A) people who save money in financial institutions.
B) people who borrow money from financial institutions.
C) businesses who borrow money from financial institutions.
D) people with flexible income.

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