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An Individual Would Suffer Lower Losses or Maybe Even Gain

Question 38

Multiple Choice

An individual would suffer lower losses or maybe even gain from an unexpectedly higher inflation rate if


A) she held much currency and on net was a lender.
B) she held much currency and on net was a borrower.
C) she held little currency and on net was a lender.
D) she held little currency and on net was a borrower.

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