Advertisements
Advertisements
प्रश्न
Which of the following section of the society is most adversely affected by inflation?
पर्याय
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?
The debt which yields income to the government is called as ______.
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.
Purchasing power of money falls when ______.
Mention the effect of inflation on the value of money.
State the effect of inflation on creditors.
Discuss the effects of inflation on production.
How does inflation affect the following?
Farmers
