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प्रश्न
Which of the following section of the society is most adversely affected by inflation?
पर्याय
Government
Producers
High income group
Fixed income groups
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उत्तर
Fixed income groups
Explanation:
Fixed income groups, such as adults and salaried workers with fixed earnings, are most seriously affected by inflation since their income does not adjust to rising costs, resulting in a fall in purchasing power.
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संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Explain how taxes can bring about equality in income distribution.
Identity the correct statement from the following:
______ are worst affected during the period of inflation.
State running inflation impact on fixed income groups.
Mention the effect of inflation on the value of money.
Discuss the effects of inflation on production.
How does inflation affect the following?
Debtors and creditors
Which section of the society is worst affected during inflation? Why?
Explain the impact of inflation on producers in the short run.
