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AP Macroeconomics
Unit 2 – Economic Indicators and the Business Cycle
Topic 2.5
Which group may benefit from unanticipated inflation if they can reduce nominal wages without reducing workers' purchasing power?
Owners of assets
Borrowers with fixed interest rates
Firms that can cut real wages
Savers
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AP Macroeconomics - 2.5 Costs of Inflation
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Nominal Wages
Purchasing Power
Unanticipated Inflation
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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