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प्रश्न
______ are worst affected during the period of inflation.
विकल्प
Debtors
Entrepreneurs
Producers
Fixed income groups
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उत्तर
Fixed income groups are worst affected during the period of inflation.
Explanation:
Fixed-income groups, such as adults or wage earners with a fixed salary, suffer the most during inflationary periods because their income does not respond to the growing costs of goods and services. As prices rise, consumers' purchasing power declines, causing financial problems.
संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Explain how taxes can bring about equality in income distribution.
Examine any three adverse or evil effects of inflation on production.
Identity the correct statement from the following:
Which of the following section of the society is most adversely affected by inflation?
State running inflation impact on fixed income groups.
State the effect of inflation on creditors.
Why do producers gain in the short run during inflation?
How does inflation affect the distribution of income?
Discuss the effects of inflation on production.
How does inflation affect the following?
Debtors and creditors
How does inflation affect the following?
Farmers
Which section of society gains due to inflation? Why?
Which section of the society is worst affected during inflation? Why?
Explain the impact of inflation on producers in the short run.
