Which of the Following Individuals Would Be Most Negatively Affected

question 103

Multiple Choice

Which of the following individuals would be most negatively affected by anticipated inflation?

• A)a retired railroad engineer who receives a fixed income payment every month
• B)a union contractor whose pay is adjusted based on changes in the CPI
• C)a full-time employee at a pizza parlor who makes more than the minimum wage
• D)a student who borrows $10,000 at a nominal interest rate of 5% to finance educational expenses

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Definitions:

Brick-and-Mortar

Refers to physical stores or businesses with actual buildings or structures, as opposed to online or virtual ones.

Metasearch Engine

A search tool that sends user requests to several other search engines and aggregates the results into a single list.

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In search engines or databases, a list of results found that match a particular query.

Queries

Instructions or requests for information retrieval from a database, typically expressed in a formal database query language.