Borrower benefits from inflation? - General Economics & Indian Economy

Q.  Which of the following benefits from inflation?
- Published on 06 May 15

a. Lender
b. Borrower
c. Both
d. None

ANSWER: Borrower
 
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. Inflation redistributes wealth from creditors to debtors so borrower gets benefits from inflation

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