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30 October, 08:19

Which of the following people is likely to benefit from inflation

A. A person with low income

B. A person who owes $200,000 in a loan

C. A person who has a large savings account

D. A retired person on a fixed income (NOT D)

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Answers (1)
  1. 30 October, 09:12
    0
    B a person who owes 200,000 in a loan because the value of the dollar would decrease the value of 200,000 to not be as much
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