Which of the following statements regarding the effects of unanticipated inflation on the labor market and the market for financial capital is most accurate （）
A. When the actual rate of inflation is higher than expected, employees receive less compensation for their labor and this represents a gain for employers at the expense of their employees.
B. When the actual rate of inflation is declining, real wage rates of employees are lower than employers expected to pay, and employers gain at the expense of their employees.
C. When there is unanticipated inflation, interest rates are not set high enough to compensate borrowers for the declining value of money so lenders gain at the expense of borrowers.
参考答案：A
解析：
Unanticipated inflation redistributes income between employees and employers because employees’ real wage rate will not be high enough. Company profits will be higher with the lower wage expense, so employers gain at the expense of employees. If inflation decreases unexpectedly, real wage rates of employees are higher than employers expected to pay, and employees gain at the expense of their employers. With regard to interest rates, when there is unanticipated inflation, interest rates are not set high enough to compensate lenders for the declining value of money, so borrowers gain at the expense of lenders. When inflation is expected, but fails to materialize, then interest rates are set too high, and lenders gain at the expense of borrowers.