Which of the following groups would not tend to lose from unexpected inflation?
A)Retirees on fixed pensions.
B)Creditors.
C)Those whose incomes are tied to long-term contracts.
D)Those whose wages have cost of living adjustment clauses in their contracts.

Question

Which of the following groups would not tend to lose from unexpected inflation?
A)​Retirees on fixed pensions.
B)​Creditors.
C)​Those whose incomes are tied to long-term contracts.
D)​Those whose wages have cost of living adjustment clauses in their contracts.

Quizplus · Accepted Answer

Those whose wages have cost of living adjustment clauses in their contracts will not tend to lose from unexpected inflation as their wages would increase with the increase in cost of living.

Which of the Following Groups Would Not Tend to Lose