Inflation is likely to benefit_______

a

Debtors

b

Persons with back savings

c

Creditors

d

Persons who lived on fixed pension funds

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a

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MahAsp
4 years ago

During inflation the volume of money is too high or much in circulation or velocity but with less value. in this case the debtors ( those who borrow money from others) may be able to paid back what they have borrowed. the above question the answer is
( A )

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