Question

9. Who is the gainer in deflation?
(1 Point)
O a. Farmer
O b. Fixed income earner
O c. Debtor
O d. Business community​

Answer 1

Answer:

During deflation, creditors tend to gain at the expense of debtors. Investors in fixed-interest bearing securities, rentiers etc., and fixed-income earners gain by the rising value of money. In general, all fixed-income earners gain and all flexible-income earners Joss in times of deflation. ᴛʜᴇ ʀɪɢʜᴛ ᴀɴsᴡᴇʀ ɪs ᴄ. ᴅᴇʙᴛᴏʀ

Explanation:

ʜᴏᴘᴇ ᴍʏ ᴀɴsᴡᴇʀ ɪs ʜᴇʟᴘғᴜʟ,ʜᴀᴠᴇ ᴀ ɴɪᴄᴇ ᴅᴀʏ ᴀɴᴅ ᴛᴀᴋᴇ ᴄᴀʀᴇ,ɪғ ʏᴏᴜ ʟɪᴋᴇ ᴍʏ ᴀɴsᴡᴇʀ ᴘʟᴇᴀsᴇ ғᴏʟʟᴏᴡ