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Which of the following is not a negative effect of inflation

Which of the following is not a negative effect of inflation
  • A.
    Lenders earn less
  • B.
    Pensioneers and salary earners on fixed income suffer
  • C.
    Exports tends to decline
  • D.
    Savings are discouraged
  • E.
    Borrowers tends to gain
Correct Answer: Option E
Explanation