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O-LevelEconomicsGovernment and the macroeconomy2281/12 · May/June 2015 · Q201 Mark

Who is most likely to benefit during a period of inflation?

Acreditors (lenders)
Bdebtors (borrowers)
Cfixed income earners
Dholders of cash

✓ Correct answer

B: debtors (borrowers)

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2015 Paper 1 Variant 2, question 20.

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