Multiple Choice
Which of the following groups would not tend to lose from an unexpected inflation?
A) Retirees on fixed pensions
B) Creditors who had lent money before inflation and are being repaid after inflation
C) People whose incomes are tied to long-term contracts
D) Debtors who had borrowed before inflation and are repaying the loan after inflation
E) Firms which had agreed to sell a particular product for a fixed price for a given number of years
Correct Answer:

Verified
Correct Answer:
Verified
Q35: What are the three major macroeconomic goals?
Q36: Which of the following measures the average
Q37: A major macroeconomic goal of nearly every
Q38: A discouraged worker is:<br>A)one who opts to
Q39: The unemployment rate may underestimate the true
Q41: The figure below shows the total adult
Q42: Which of the following statements is incorrect?<br>A)Job
Q44: Which of the following people is most
Q45: Unemployment rises and falls in the same
Q45: When unemployment rises above the natural rate,