单选题 Edward Murray and Kelvin Rippen, economists at M-R Associates, are asked for their opinions on the effects of higher-than- expected inflation. Murray states that higher-than-expected inflation hurts lenders and helps borrowers. Rippen contends that higher-than-expected inflation causes the real interest rate to be lower than expected. Regarding the statements made by Murray and Rippen: Murray Rippen ①A. Correct Incorrect ②B. Incorrect Correct ③C. Correct Correct A. ①B. ②C. ③

【正确答案】 C

【答案解析】When inflation exceeds expectations, the real interest rate paid on loans is less than originally expected, helping borrowers and hurting lenders. Both Murray and Rippen are correct.