Inflation is likely to benefit?

a

persons with bank savings

b

persons employed in financial houses

c

debtors

d

persons who lived on fixed pension funds

e

creditors

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Correct Option
c

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Discussions (2)

Deepthinker581
4 years ago

Inflation allows borrowers to pay lenders back with money worth less than when it was originally borrowed

lankee22
5 years ago

I feel it cannot be debtors because during a period of inflation there would be a general rise in prices and it cannot benefit people who are owing rather people who are being owed.

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