If Inflation Is Much Higher Than Originally Anticipated,_____ Are Better

Multiple Choice

If inflation is much higher than originally anticipated,_____ are better off and _____ are worse off.

A) lenders who extended loans at fixed interest rates;people who borrowed at fixed interest rates
B) people who borrowed at fixed interest rates;banks that extended loans at fixed interest rates
C) retired people living on a fixed income;people who had borrowed fixed interest rate loans
D) people who deposited their savings at fixed interest rates;banks that accepted deposits at fixed interest rates
E) oil refiners who signed labor contracts agreeing to pay their workers the cost-of-living wage;workers who receive that cost-of-living wage