________ would be helped by unexpected inflation.
A) Someone who loaned money out at a fixed interest rate
B) Someone who signed a two-year contract at a fixed wage
C) Someone who borrowed money at a fixed interest rate
D) A worker whose wage increases with expected inflation
E) Elderly individuals on a fixed income

Question

Quizplus · Accepted Answer

Someone who borrowed money at a fixed interest rate would be helped by unexpected inflation as they would be paying back the money with currency of lower value.

________ Would Be Helped by Unexpected Inflation