inflation that is sudden or unexpected tends to hurt which of these groups of people most?\na people who…

inflation that is sudden or unexpected tends to hurt which of these groups of people most?\na people who have a steady job\nb people who have borrowed money\nc people who have loaned money to others\nd people who have investments in the stock market\ne retirees with cost - of - living adjustments

inflation that is sudden or unexpected tends to hurt which of these groups of people most?\na people who have a steady job\nb people who have borrowed money\nc people who have loaned money to others\nd people who have investments in the stock market\ne retirees with cost - of - living adjustments

Answer

Brief Explanations:

Unexpected inflation reduces the real - value of money over time. Lenders (people who loaned money) receive payments back in money that has less purchasing power than when they lent it. Borrowers benefit as they pay back in devalued money. People with steady jobs may see wage adjustments over time, stock - market investors may have assets that can appreciate with inflation, and retirees with cost - of - living adjustments are somewhat protected.

Answer:

C. people who have loaned money to others