【单选题】Types of risks So far we have used the term 'risk' rather loosely. One type of risk is default risk, that is, the risk that the borrower will simply not repay the loan, due to either dishonesty or pla...
A.
The existence of inflation produces purchasing - power risk.
B.
Purchasing - power risk involves a loss in the value of money loaned or borrowed be- cause of higher or lower inflation than expected.
C.
Purchasing - power risk produced by an inflation higher than expected affects lenders only.