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Which of the following would be hurt by inflation? A bank that makes loans with adjustable interest rates. B worker with a cost-of-living adjustment (COLA). C retired person wit…

Which of the following would be hurt by inflation? A bank that makes loans with adjustable interest rates. B worker with a cost-of-living adjustment (COLA). C retired person wit…
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Which of the following would be hurt by inflation?

A bank that makes loans with adjustable interest rates.
B worker with a cost-of-living adjustment (COLA).
C retired person with a fixed income.
D homeowner with a fixed-rate mortgage.

User Shakaron
by
7.1k points

1 Answer

2 votes

Answer: D

Step-by-step explanation:

User Joe Smart
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