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An Annual Inflation Rate of 231 Million Percent Would Most

Question 143

Multiple Choice

An annual inflation rate of 231 million percent would most likely be considered unanticipated. If loans are made prior to unanticipated inflation, then with respect to these loans


A) creditors will gain at the expense of debtors.
B) debtors will gain at the expense of creditors.
C) creditors and debtors will both gain from the unanticipated inflation.
D) creditors and debtors will both lose due to the unanticipated inflation.

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