Part II: Introduction to Macroeconomics Contents Chapter 4: Unemployment, Inflation, and Economic Fluctuations Chapter 5: The Measure of Output,...

Need your help with answering a discussion question below with citations from the attached chapter, please:

Inflation is an important policy issue because it causes a redistribution of income and wealth, and discourages saving and investment.  Discuss how inflation affects borrowers and lenders, asset prices, and households on fixed incomes.