Hurt or helped by inflation
Exercise and reference answers
- Upper category
- Hurt
- Lower category
- Helped
- Items
- Category
- Hurt
- Item
- Cash saver
- Category
- Hurt
- Item
- Pensioner
- Category
- Hurt
- Item
- Lender
- Category
- Hurt
- Item
- Renter
- Category
- Helped
- Item
- Borrower
- Category
- Helped
- Item
- Homeowner
- Category
- Helped
- Item
- ARM lender
- Category
- Helped
- Item
- COLA wage
- Instructions
- Send each person to the hurt-by-inflation track or the helped-by-inflation track.
Explanation
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 8, Inflation (CC BY 4.0)._