Wealth is redistributed from debtors to creditors when inflation is
A)high,whether it is expected or not.
B)low,whether it is expected or not.
C)unexpectedly high.
D)unexpectedly low.

Name: Wealth is redistributed from debtors to creditors when inflation is A)high,whether it is expected or not. B)low,whether it is expected or not. C)unexpectedly high. D)unexpectedly low.
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Question

Quizplus · Accepted Answer

When inflation is unexpectedly low, the real value of money repaid by debtors is higher than anticipated, benefiting creditors.

Wealth Is Redistributed from Debtors to Creditors When Inflation Is