A rising inflation rate tends to help the following types of people:
A. retirees and students with savings accounts.
B. borrowers and homeowners without mortgages.
C. homeowners with mortgages and students with loans.
D. landowners and borrowers.
Answer:C
A rising inflation rate tends to help the following types of people:
A. retirees and students with savings accounts. B. borrowers and homeowners without mortgages. C. homeowners with mortgages and students with loans. D. landowners and borrowers.