asked 174k views
1 vote
If the economy unexpectedly went from inflation to deflation, a. debtors would gain at the expense of creditors. b. creditors would gain at the expense of debtors. c. both debtors and creditors would have reduced real wealth. d. both debtors and creditors would have increased real wealth.

asked
User Petrsnd
by
7.5k points

1 Answer

4 votes

Answer:

B. Creditors would gain at the expense of debtors.

answered
User VeeeneX
by
8.2k points
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