Unexpected inflation redistributes wealth from _____.
A)creditors to debtors
B)owners of real property to owners of financial assets
C)debtors to creditors
D)the government to fixed income recipients

Question

Quizplus · Accepted Answer

Unexpected inflation causes the value of money to decrease, resulting in debtors paying back loans with less valuable money. This means that creditors, who are owed money, will receive less valuable money, effectively redistributing wealth from creditors to debtors.

Unexpected Inflation Redistributes Wealth from _____