An effect of inflation is that it?

ECONOMICS
JAMB 1991

An effect of inflation is that it?

  • A. discourages trade by barter
  • B. favours debtors at the expense of creditors
  • C. increases the real income of salary earners
  • D. increases the value of a country's exports

Correct Answer: B. favours debtors at the expense of creditors



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