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brittani2125 Group Title

What is the main problem for people on a fixed income during a period of chronic inflation? A. Their income will not increase, so their purchasing power falls. B. They have to ask for an increase in wages to match inflation. C. Their investments will not pay as much interest. D. They have to wait for the government to react to the crisis.

  • 2 years ago
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  1. WWENDT Group Title
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    The only good answer is A. As for govt reaction, it should only react to try and stem the inflationary bubble. wmw

    • 2 years ago
  2. owuoti Group Title
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    The correct answer among the choices is A.

    • 2 years ago
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