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Which One of the Following Would Benefit Financially from Unanticipated

Question 224

Multiple Choice

Which one of the following would benefit financially from unanticipated inflation?


A) a borrower whose loan has a fixed nominal interest rate
B) a borrower with an adjustable rate mortgage
C) a bank that has made loans at a fixed nominal interest rate
D) a firm whose workers are covered by a COLA agreement

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