Which of the following individuals benefit when the economy experiences unanticipated inflation?

Question

Quizplus · Accepted Answer

Borrowers benefit from unanticipated inflation because they are paying back loans with dollars that are worth less than when they borrowed them. Savers and fixed income earners are hurt by inflation because the value of their savings and income decreases. Lenders are also hurt by inflation because the money they are repaid is worth less than when they lent it out.

Which of the Following Individuals Benefit When the Economy Experiences