Which Group Tends to Be Most Hurt by Unexpected Inflation

question 75

Multiple Choice

Which group tends to be most hurt by unexpected inflation?

• A)banks
• B)individuals with unindexed pensions
• C)employers
• D)fixed-income earners
• E)Both B and D are correct.

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Definitions:

Bush Pilot

A pilot who operates aircraft in remote, undeveloped regions, often dealing with challenging terrain and unimproved landing sites.

Helicopter

A helicopter is an aircraft that is lifted and propelled by one or more horizontal rotors, capable of vertical takeoff, landing, and hovering in place.

Breach Of Contract

Not meeting any obligation of a contract, either in writing or spoken, without a justifiable legal justification.

Legal Action

A process of taking a dispute to a law court to obtain a legal judgment.