What are two prominent classes of victims of unexpected inflation?
A) firms and politicians
B) workers and lenders
C) workers and consumers
D) banks and investors
E) firms and consumers

Question

Quizplus · Accepted Answer

Unexpected inflation erodes the purchasing power of money, negatively impacting workers whose wages may not immediately adjust, and lenders who receive repayments in less valuable currency.

What Are Two Prominent Classes of Victims of Unexpected Inflation