Who Is Least Likely to Be Hurt by Unanticipated Inflation

question 109

Multiple Choice

Who is least likely to be hurt by unanticipated inflation?

• A) A disabled laborer who is living off accumulated savings.
• B) An owner of a small business.
• C) A secretary.
• D) A pensioned steelworker.

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Definitions:

Slave Labor

Work done under force without proper remuneration, often under extremely harsh conditions, primarily referred to in the context of African slaves in the Americas during the colonial and antebellum periods.

Eli Whitney

Known for inventing the cotton gin, a pivotal invention in the history of agriculture and the economy of the United States.

Slaveholders

Individuals or entities that owned slaves.

Owned

Often colloquially used to mean dominantly defeated or embarrassed, typically in a competitive situation or argument.