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28-06-2022
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Wealth is redistributed from creditors to debtors when inflation is a. unexpectedly low. b. unexpectedly high. c. low, whether it is expected or not. d. high, whether it is expected or not.

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ewomazinoade ewomazinoade

04-07-2022

Wealth is redistributed from creditors to debtors when inflation is unexpectedly high.

What is inflation?

Inflation is when there is a persistent rise in the general price levels of goods and services. When inflation is unexpectedly high, the inflation is not priced into the amount of interest that a creditor expects from a debtor. This leads to wealth been redistributed from creditors to debtors.

To learn more about inflation, please check: https://brainly.com/question/15692461

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