HomeTestsSearchRankProfile
mediumMCQCompetitive Exam2026Economics
1 attempts0% success rate1 mark

Which of the following groups suffers the most from inflation?

  1. A
    Debtors
  2. B
    Creditors
  3. C
    Business class
  4. D
    Real asset holders

Solution & Step-by-step Explanation

Inflation benefits debtors because they repay their debts with money that has less purchasing power than when they borrowed it. Conversely, creditors (lenders) suffer because the real value of the money they receive back drops due to increased price levels.

Practice this question

Try it yourself before checking the explanation above.

Which of the following groups suffers the most from inflation?
A
Debtors
B
Creditors
C
Business class
D
Real asset holders

Share This Question

InflationMacroeconomicsEconomic Effects

Related Questions

easyMCQ

Which one of the following statements is true?

easyMCQ

Which of the following statements is not correct?

easyMCQ

Which one of the following statements is correct?

easyMCQ

The product formed by the reaction of an aldehyde with a primary amine is:

easyMCQ

Which part of the tobacco plant is infected by Meloidogyne incognita?

easyMCQ

The term ecosystem was coined by:

Ready for a Full Test?

Practice with timed mock tests and track your performance across Economics.

Browse TestsLeaderboard

Discussion