WAEC Economics 2017 Question 33

Question 33

Money and Inflation

Which of the following is most likely to be of benefit to a debtor?

  1. A.Inflation
  2. B.Deflation
  3. C.Revaluation
  4. D.Monetization
Show the answer and explanation

Answer: A (Inflation)

Explanation

Debts are repaid with money worth less, which helps debtors.