Germano and John are in Antarctica having a heated argument on environmental protection policies (EPP). John says that those kinds of policies always hurt the growth and productivity of a country, while Germano argues the opposite, that EPP always increase the growth and productivity of an economy.
Suppose that Infland experiences an unexpected drop in its inflation rate. Maria is a net borrower and Fernando is a net lender. If everything else remains the same, which of these is true?
