The Group That Tends to Be Most Hurt by Unexpected

question 61

Multiple Choice

The group that tends to be most hurt by unexpected inflation is

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

---

Definitions:

Variable Expenses

Costs that change in proportion to the activity or volume of operations in a business.

Net Income

The profit of a company after all expenses and taxes have been deducted from total revenue.

Sales

The total amount earned from selling goods or services over a particular period, usually before any expenses are deducted.

Unit Selling Price

The price at which a single unit of a product is sold to customers, not including any additional fees or taxes.