IIn each of the following situations, are you helped or harmed by inflation? Items (6 items)
(Drag and drop into the appropriate area below) -You lent $10,000 to your uncle Joey at a low interest rate for twenty years. Categories - You just retired after winning the lottery and accepting the fixed monthly payout option. Harmed Drag and drop here - You graduate with $100,000 in student loan debt at a low fixed interest rate. - You just signed a new five-year, fixed-income contract with your employer. Helped Drag and drop here
- A bank lends $200,000 at a fixed interest rate to you, a new home owner. - Your income is based on the price of the goods you sell. Not affected Drag and drop here