Which of the following would most benefit economically from inflation?

a. Creditors
b. Debtors
c. Individuals with fixed incomes
d. Depositors with savings accounts

Answer: b. Debtors

Business

You might also like to view...

Trusts include all but which one of the following?

(a) trustee (b) grantor (c) government overseer (d) beneficiary

Business

Interest Expense is:

A) a cost of borrowing money. B) included in the "Other Expenses" on the income statement. C) has a normal debit balance. D) All of the above are correct.

Business