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Business, 04.02.2020 14:47 Thejedipriest9929

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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Answers: 1

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High and unexpected inflation has a greater cost

a. for those who save than for those wh...
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