Business Studies, asked by themastah5504, 1 year ago

Those who benefit from inflation are called debtors


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Answered by luckiest1
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✔✔people who gets benefit from inflation are called debtors

Answered by Anonymous
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Answer:

One important redistribution of income and wealth that occurs during unanticipated inflation is the redistribution between debtors and creditors. a. Debtors gain from inflation because they repay creditors with dollars that are worth less in terms of purchasing power.

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