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History, 03.02.2020 20:00 sammypaige08

1. elderly on a fixed income
2. renters who live in a rent controlled apartment
3. people who are paying on a loan with adjustable interest rates
4. banks who are collecting on loans with adjustable interest rates

who is harmed the most during periods of unexpected inflation?
a) 1
b) 1 and 3
c) 1, 2, and 3
d) 2 and 4

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Answers: 2

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1. elderly on a fixed income
2. renters who live in a rent controlled apartment
3. peopl...
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