What effect does unanticipated inflation have upon 1
a. What effect does unanticipated inflation have upon: (1) individuals who are retired and living on a fixed income; (2) debtors, and (3) creditors?
b. How does indexation protect one from the redistribution effect of inflation?
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What effect does unanticipated inflation have upon: (1) individuals who are retired and living on a fixed income; (2) debtors, and (3) creditors?
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