All of the Following Are True for Inflation EXCEPT

Multiple Choice

All of the following are true for inflation EXCEPT:

A) those on a fixed income lose purchasing power during inflationary periods.
B) creditors do not receive the full amount of a loan because the principle and interest rates are fixed.
C) debtors are hurt during inflationary times because the amount they pay creditors back increases.
D) increased prices due to high inflation cause consumers to spend less money.