The most affected group by inflation typically includes low-income households. These families often spend a larger portion of their income on essential goods and services, such as food, housing, and energy, which tend to see the most significant price increases during inflationary periods. As a result, they experience a more substantial decrease in their purchasing power compared to higher-income groups, who may have more financial flexibility and resources to absorb rising costs.
which of the following group is most hurt by unexpected inflation
Artificial Inflation is inflation caused by a single person or group of people buying out most of the items of one kind and reselling them at a higher price.
The question is incomplete.
Industries that are most sensitive to inflation include banks and other financial institutions. Since they make money by lending money, inflation hurts them first.
inflation and deflation
which of the following group is most hurt by unexpected inflation
Artificial Inflation is inflation caused by a single person or group of people buying out most of the items of one kind and reselling them at a higher price.
the first world war dictatorships the Great Depression
With adjusted inflation; Gone with the Wind. with unadjusted inflation; Avatar
You might want to check out Zimbabwe's inflation rate and check out what is happening in that country at the moment. latest inflation rate 2.3million% most places run at 4%
Changes in wages imply changes of inflation in Singapore or most other countries. The Philips curve shows how inflation and and unemployment is related.
The question is incomplete.
Industries that are most sensitive to inflation include banks and other financial institutions. Since they make money by lending money, inflation hurts them first.
stretch
inflation and deflation
inflation
Inflation is the most harmful to those that cannot afford it. Since it can cause people to lose money, it can be devastating to individuals and businesses that already have little money.