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11 Dec 2019
Unanticipated inflation tends to penalize:
(i) people who save money in financial institutions.
(ii) individuals who borrow money from financial institutions.
(iii) businesses that borrow money from financial institutions.
(iv) governments that have a progressive personal income tax.
Unanticipated inflation tends to penalize:
(i) people who save money in financial institutions.
(ii) individuals who borrow money from financial institutions.
(iii) businesses that borrow money from financial institutions.
(iv) governments that have a progressive personal income tax.
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Collen VonLv2
2 Apr 2020