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:

Video Games

Digital games played on computers, consoles, or mobile devices, often involving interactive gameplay.

Attending Classes

involves being present in a scheduled course or educational program in which teaching and learning are conducted.

Incentive

A reward or benefit that motivates individuals or entities to act in a certain way.

Attendance Policy

A set of rules or guidelines regarding the presence of individuals at a place of employment, school, or other organizations, usually outlining consequences for absence.