Question

Which of the following would be helped the most by inflation?

O Businesses who borrowed large amounts of money to expand operations.
O Elderly people on a fixed income.
O People who lend money.
O People who hold large amounts of cash in the form of checking account deposits.

Answer 1

Businesses who borrowed large amounts of money to expand operations would be helped the most by inflation.

Step-by-step explanation:

Inflation benefits different groups of people in different ways. In the given options, the group that would be helped the most by inflation is Businesses who borrowed large amounts of money to expand operations. When there is inflation, the prices of goods and services generally increase, which means that businesses can sell their products at higher prices and potentially make more profit. This can help them repay their loans more easily and also increase their overall profitability.

Learn more about Inflation's impact on different groups of people