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If Inflation Is Perfectly Anticipated,benefits Are Indexed,and There Are No

Question 124

Multiple Choice

If inflation is perfectly anticipated,benefits are indexed,and there are no restrictions on contracts,which group loses purchasing power because of inflation?


A) Borrowers,lenders and retirees
B) Only borrowers
C) Neither lenders,borrowers,nor retirees
D) Only lenders
E) Only retirees

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