How Are Debtors and Creditors Affected When the Economy Unexpectedly

Multiple Choice

How are debtors and creditors affected when the economy unexpectedly goes from inflation to deflation?

A) Debtors and creditors would both have reduced real wealth.
B) Debtors and creditors would both have increased real wealth.
C) Debtors would gain at the expense of creditors.
D) Creditors would gain at the expense of debtors.