Question

Choose the groups of people that suffer during times of inflation.

Retirees on fixed income
Lenders if real interest rates are negative
Debtors if real interest rates are negative
Producers if prices rise faster than costs
Savers if real returns are negative
Workers in low-skilled jobs
Fixed-rate mortgage holders

Answer 1

1,2,5 and 6

Step-by-step explanation:

I took the thing.

Answer 2

Answer: 1, 2, 5, 6

Step-by-step explanation:

• Retirees on fixed income suffers because the prices of things they buy goes up, while their income remains the same.

• Lenders also suffers because the value of what is paid back is reduced and it easier for the borrower to pay back.

•Savers are also affected because the value of the money in their savings will drastically be affected.

•Workers in low skills jobs because they earn minimum income but the prices of thing they buy increases.