________ would be hurt by unexpected inflation.
A) Someone who borrowed money at a fixed interest rate
B) A firm who hired a worker on a two-year wage contract
C) A worker who signed a two-year wage contract
D) A worker whose wage increases with inflation
E) A firm that purchased inputs with a two-year contract

Question

Quizplus · Accepted Answer

A worker who signed a two-year wage contract would be hurt by unexpected inflation because their wages are fixed and do not increase with inflation, reducing their purchasing power.

________ Would Be Hurt by Unexpected Inflation