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A period of deflation is good news for senior citizens on fixed incomes.?

It is true that a period of deflation is good news for senior citizens on fixed incomes.


What happens to people on fixed incomes when there is inflation?

His purchasing power goes down


A period of deflation is good news for senior citicens on fixed incomes?

A period of deflation can be viewed as beneficial for senior citizens on fixed incomes because it often leads to lower prices for goods and services, allowing their fixed income to stretch further. Reduced costs for necessities like food, housing, and healthcare can enhance their purchasing power. However, deflation can also pose challenges, such as stagnating wages or reduced investments, which could affect the overall economy and potentially harm their financial stability in the long run. Ultimately, the impact of deflation on seniors can vary based on individual circumstances and economic conditions.


Why do panchayat or vidhan sabha are elected for fixed period of five years.why do India have a system where the representatives are elected for a fixed period and not for life?

Members are elected for a fixed period so that people can use their preferences again after 5 years to elect their member. This is required for efficient working in a democratic system. Moreover, in democracy people have right to express their choices and elect their leaders which will not be possible unless they are elected for a fixed period.


When was The Fixed Period created?

The Fixed Period was created in 1882.


Why in representatives are elected for a fixed period of time?

Members are elected for a fixed period so that people can use their preferences again after 5 years to elect their member. This is required for efficient working in a democratic system. Moreover, in democracy people have right to express their choices and elect their leaders which will not be possible unless they are elected for a fixed period.


Are there any apartments in Lewisville, Tx for people over 55 Plano Richardson affordable, on fixed income. Thank you, Vickie?

Contact the Texas Department of Housing and Human Services, they maintain a list of appartments for those who are on fixed incomes over the age of 55.


What type of wireless plan will work well for emergency use only?

Pay as you go or prepaid phones are excellent for people on fixed incomes who do not plan on using there cell phone as a primary phone.


Why is inflation especially difficult for retired people?

Inflation is that increasing prices of goods and services, but the salaries of retired people do not rise as the prices. They have fixed incomes, and therefore their money buys a little less each month.


A period of constant inflation has its greatest effect upon what?

people living on fixed incomesThe next generation.


What is the difference between tenancy at will and tenancy for fixed period?

A tenancy at will can be terminated by providing a 30 day notice, generally. A fixed period lease cannot be terminated until the fixed period has ended.


What is the difference between a ingdom and a republic?

A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.A kingdom or monarchy, is a rule by one person, either hereditary or by appointment. A republic is a form of government where the people elect the officials to rule them, usually for a fixed period of time.