Advertisements
Advertisements
प्रश्न
Which of the following section of the society is most adversely affected by inflation?
विकल्प
Government
Producers
High income group
Fixed income groups
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.
APPEARS IN
संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Examine any three adverse or evil effects of inflation on production.
______ are worst affected during the period of inflation.
Purchasing power of money falls when ______.
Why do producers gain in the short run during inflation?
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?
Explain the impact of inflation on producers in the short run.