Economics - Macroeconomics - Inflation and deflation - Inflation Scenarios
8 questions. Q1: 'CPI rises from 100 to 105. Inflation rate is ___' (5%). Q2: 'Who is HURT most by unexpected inflation?' (Savers with fixed deposits, pensioners). Q3: 'Who BENEFITS from unexpected inflation?' (Borrowers - debts become cheaper to repay). Q4: 'Oil prices spike globally. This is ___ i