Joshua is retired. He lives on a fixed pension. His daughter Sue just bought a house. She has fixed rate of interest on her mortgage.
How would Joshua and Sue be affected by unanticipated inflation in regards to Joshua's pension and Sue's mortgage?
A
Joshua and Sue would both benefit from unanticipated inflation.
в
Joshua would benefit, and Sue would lose from unanticipated inflation
Joshua would lose, and Sue would benefit from unanticipated inflation.
D
Joshua and Sue would both lose from unanticipated inflation.
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