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Which of the following statements is not correct?
Inflation benefits debtors
Inflation affects the creditors
Inflation benefits the bond holders
Inflation affects the fixed income people
Inflation means the sustained increase in the general level of prices for goods and services. Inflation negatively affects the debenture or bond holders and as well as savers.
By: Kritika Kaushal ProfileResourcesReport error
Neelang mishra
in the solution you have mentioned that the inflation affects negatively the bond holders while in the given options you have corrected the third option which mentions about the benefit, these are two contradictory statements so please correct the same
Kindly read the question carefully need to find the incorrect option
ASHOK
i have attempted the question but it is showing unattempted
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