Consider the following statements :
I. Inflation is advantageous to debtors.
II. Inflation is advantageous to the bond-holders.
Which of the statements given above is/are correct ?
1
I only
2
II only
3
Both I and II
4
Neither I nor II
Consider the following statements :
I. Inflation is advantageous to debtors.
II. Inflation is advantageous to the bond-holders.
Which of the statements given above is/are correct ?