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Question
______ are worst affected during the period of inflation.
Options
Debtors
Entrepreneurs
Producers
Fixed income groups
Solution
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.
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