Which of the Following Statements Is Not True in Times

Multiple Choice

Which of the following statements is not true in times of inflation?

A) Holders of monetary liabilities will gain.
B) Holders of monetary assets will lose.
C) If the amount of monetary assets is the same as monetary liabilities, no gains or losses would occur.
D) If the amount of monetary assets held is less than the amount of monetary liabilities held, a net loss would occur.