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Which of the following groups would benefit from an increase in the average price level in an economy? Individuals and institutions who have loaned money Borrowers of loans with rates that

Which of the following groups would benefit from an increase in the average price level in an economy? Individuals and institutions who have loaned money Borrowers of loans with rates that automatically adjust with inflation Those controlling resources whose prices increased by more than the average Those controlling factors of production whose prices decreased during the same period The creditors for capital investment loans Points earned on this question:

Apr 12 2021 View more View Less

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