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  3. Study Set
    Principles of Macroeconomics Study Set 11
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    Exam 7: Unemployment, Inflation, and Long-Run Growth
  5. Question
    Explain How an Unanticipated Increase in Inflation Would Affect Creditors
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Explain How an Unanticipated Increase in Inflation Would Affect Creditors

Question 7

Question 7

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Explain how an unanticipated increase in inflation would affect creditors and debtors.

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Creditors, on the one hand, are hurt by ...

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