Advertisements
Advertisements
प्रश्न
Observe the relationship of the first pair of words and complete the second pair.
During inflation the debtors gain.
During inflation the ______ lose.
पर्याय
producers
creditors
businessmen
investors in equalities
उत्तर
During inflation the debtors gain.
During inflation the creditors lose.
Explanation:
During inflation, debtors benefit because they repay their debts with less valuable money than when they borrowed it. On the other hand, creditors suffer losses during inflation since the money they receive back has less purchase value than when they first lent it.
APPEARS IN
संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Answer the following question in one or two sentences.
Explain the term deficit Financing.
The debt which yields income to the government is called as ______.
Explain how taxes can bring about equality in income distribution.
Mention the effect of inflation on the value of money.
State the effect of inflation on creditors.
Why do producers gain in the short run during inflation?
How does inflation affect the following?
Debtors and creditors
How does inflation affect the following?
Farmers
Explain the impact of inflation on producers in the short run.
