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Which group would be most affected by an unexpected rise in inflation? retired citizens who have fixed incomes government workers who receive regular raises business owners who sell a high-demand product salespeople who receive bonuses from making sales

User Phewataal
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2 Answers

6 votes

Answer:

Lenders

Step-by-step explanation:

Lenders are hurt by unanticipated inflation because the money they get paid back has less purchasing power than the money they loaned out. Borrowers benefit from unanticipated inflation because the money they pay back is worth less than the money they borrowed.

User JakobJ
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7.9k points
3 votes

Answer:

A. Retired citizens who have fixed incomes

Explanation:

It's right on edge (sorry for being late)

User Distopic
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