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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 9: B: Business Cycles, Unemployment, and Inflation
  5. Question
    When Unanticipated Deflation Occurs
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When Unanticipated Deflation Occurs

Question 11

Question 11

Multiple Choice

When unanticipated deflation occurs:


A) creditors and people with fixed income benefit.
B) both creditors and debtors are hurt.
C) both debtors and creditors benefit.
D) people with fixed income benefit but creditors are hurt.

Correct Answer:

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