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Everything Else Constant,who Is Least Likely to Lose from Unexpected

Question 77

Multiple Choice

Everything else constant,who is least likely to lose from unexpected inflation?


A) A retired person whose pension payments are fixed in dollars
B) A person with a large amount of money deposited in a savings account
C) A bank scheduled to receive fixed nominal mortgage payments
D) A homeowner scheduled to make fixed nominal mortgage payments
E) A consumer who spends extra time shopping for the lowest prices

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