Recall the Application about the impact inflation has on your potential future salary and the repayment of student loans to answer the following question(s).
-According to the Application,if you are a debtor who owes student loans,you are helped in paying back your student loans by
A) unexpected deflation.
B) unexpected inflation.
C) expected inflation.
D) expectedly deflation.

Question

Quizplus · Accepted Answer

Unexpected inflation helps debtors, including those with student loans, because it reduces the real value of the money they owe. This means that while the nominal amount of the debt remains the same, the actual purchasing power of the money they repay is less than it was at the time they borrowed it.

Recall the Application About the Impact Inflation Has on Your