ECO121_-_FA_2023_-_RE_1160.webp
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ECO121_-_FA_2023_-_RE_1160.webp

(Choose 1 answer)
(17953)High and unexpected inflation has a greater cost
A. for those who save than for those who borrow.
B. for those who hold a little money than for those who hold a lot of money.
C. for those whose wages increase by as much as inflation, than those who are paid a fixed nominal wage.
D. for savers in low income tax brackets than for savers in high income tax brackets.
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