Economics · Macroeconomics
Unanticipated inflation is most harmful to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1economic growth while leaving individual members unaffected.
- 2creditors who lend at fixed interest rates.✓
- 3debtors who borrow at fixed interest rates.
- 4retirees whose retirement income is fully indexed to inflation.
Correct answer
creditors who lend at fixed interest rates.
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