Multiple Choice
Who is most likely to lose as a result of unanticipated inflation?
A) Jerry, who has borrowed $500 from Scott.
B) Sandy, who lives on a monthly pension.
C) Mary, who has invested her financial resources in gold.
D) Joan, whose wages are determined by a five year contract which includes a cost of living adjustment clause.
Correct Answer:
Verified
Correct Answer:
Verified
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