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Please answer 5 and 6 please and thank you so much. please answer each part in question 5
5. (1 point) For each of the following groups of people, pick whether they view inflation as a good thing, or a bad thing: a.
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Answer #1

As per HOMEWORKLIB RULES first question is answered below

Kindly ask rest of the questions in a separate post

5.

Borrowers: Good thing, as real value to be paid back by borrowers to lenders falls

Lenders: Bad thing, as real value of money paid back to lenders falls

People receiving a fixed income: Bad thing, as their purchasing power of income falls

Savers: Bad thing, as the real interest rate on savings falls due to inflation

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