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  3. Study Set
    Macroeconomics Study Set 48
  4. Exam
    Exam 16: Inflation, Disinflation, and Deflation
  5. Question
    Who Loses When There Is Unexpected Deflation
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Who Loses When There Is Unexpected Deflation

Question 101

Question 101

Multiple Choice

Who loses when there is unexpected deflation?


A) nominal-asset holders
B) borrowers
C) lenders
D) nominal-asset holders, borrowers, and lenders

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