Which groups suffer the most from inflation? -Do You Know?

Which groups suffer the most from inflation? -Do You Know?
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Which of the following groups suffer the most from inflation? (1) Debtros (2) Creditors (3) Business class (4) Holders of real assets

Description : Which of the following groups suffer the most from inflation? (1) Debtros (2) Creditors (3) Business class (4) Holders of real assets

Last Answer : (2) Creditors Explanation: Inflation, or the general rise of price levels in an economy, has many deleterious effects. It leaves the economy as a whole poorer relative to pre-inflation levels of wealth ... substantial debt, each dollar one has to repay would be worth less than when it was borrowed.

Which of the following groups suffer the most from inflation? (1) Debtros (2) Creditors (3) Business class (4) Holders of real assets

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Last Answer : Creditors

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Description : 2. Which of the following groups is most hurt by unexpected inflation? a. workers with cost of living adjustments in their labor contracts b. homeowners c. people with large debts to pay for their homes and cars d. people with large retirement savings held in savings accounts

Last Answer : d. people with large retirement savings held in savings accounts

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animals who live in groups -Do You Know?

Description : animals who live in groups -Do You Know?

Last Answer : Whenever animals gather in groups, they are formally called:Apes: a shrewdness.Badgers: a cete.Bats: a colony, cloud or camp.Bears: a sloth or sleuth.Bees: a swarm.Buffalo: a gang or obstinacy.Camels: a caravan.Cats: a clowder or glaring; Kittens: a litter or kindle; Wild cats: a destruction.