Question

57. Chapter ma2pe08r, Section .364, Problem 013 (ID: 013.36.4-MC-MANK08) An individual would suffer lower losses or maybe even gain from an unexpectedly higher inflation rate if O a. she held much currency and on net was a lender. Ob. she held much currency and on net was a borrower c. she held litle currency and on net was a lender O d. she held little currency and on net was a borrower

Answer 1

Unanticipated inflation benefits borrower.

An individual would suffer lower losses or maybe even gain from an unexpectedly higher inflation rate if she held much currency and on net was a borrower.

So, the correct answer is an option (b).