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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2011 · Q331 Mark

Which people are most likely to gain at a time of inflation?

Acompanies who sell abroad
Bforeign tourists visiting the country
Cthose living on their savings
Dthose who are repaying borrowed money

✓ Correct answer

D: those who are repaying borrowed money

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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 2011 Paper 1 Variant 1, question 33.

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