In times of rising prices,lenders will always benefit at the expense of borrowers.

Name: In times of rising prices,lenders will always benefit at the expense of borrowers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In times of rising prices or inflation, borrowers tend to benefit at the expense of lenders. This is because the money borrowed loses value over time due to inflation, meaning borrowers pay back their loans with money that is worth less than when they originally borrowed it.

In Times of Rising Prices,lenders Will Always Benefit at the Expense