If inflation is positive and is perfectly anticipated,

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If inflation is positive and is perfectly anticipated,

If inflation is positive and is perfectly anticipated,
A) those that borrow money lose.
B) those that lend money lose.
C) those that hold paper money lose.
D) no one in the economy loses.

Textbook

InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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