inflation is most harmful to\na debtors.\nb creditors.\nc wage earners.\nd property owners.\ne borrowers

inflation is most harmful to\na debtors.\nb creditors.\nc wage earners.\nd property owners.\ne borrowers

inflation is most harmful to\na debtors.\nb creditors.\nc wage earners.\nd property owners.\ne borrowers

Answer

Brief Explanations:

Inflation reduces the real - value of money over time. Creditors are owed fixed amounts of money. As inflation rises, the money they will be repaid has less purchasing power. Debtors/borrowers benefit as they repay with money of lower real - value. Wage earners may have their wages adjusted for inflation in some cases. Property owners may see the value of their property rise with inflation. So, inflation is most harmful to creditors.

Answer:

B. creditors