Of the Following, Who Would Most Likely Be Hurt by an Unanticipated

Multiple Choice

Of the following, who would most likely be hurt by an unanticipated increase in the rate of inflation?

A) an individual with a 30-year fixed-rate home mortgage loan
B) the U.S. federal government because it has a large quantity of outstanding debt
C) lenders who have made long-term loans at fixed interest rates
D) Social Security recipients whose benefits are adjusted upward as the general level of prices increases