A rising inflation rate tends to injure the following types of people:
A. retirees and students with savings accounts.
B. borrowers and homeowners.
C. homeowners with mortgages and students with student loans.
D. landowners and borrowers.
Answer:A
A rising inflation rate tends to injure the following types of people:
A. retirees and students with savings accounts. B. borrowers and homeowners. C. homeowners with mortgages and students with student loans. D. landowners and borrowers.