Which people are most likely to gain during inflation?
A)Those living on pension
B)Those living on their savings
C)Those who are repaying borrowed money
D)Those who have lent money

Question

Quizplus · Accepted Answer

During inflation, the value of money decreases, meaning that the amount of money borrowed before inflation will have less purchasing power when repaid. This benefits borrowers (those repaying borrowed money) because they effectively pay back less in terms of real value.

Which People Are Most Likely to Gain During Inflation