Economics · Effects of Inflation
Which of the following economic groups is most adversely affected by high inflation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Debtors repaying fixed-nominal loans
- 2Fixed-income groups and wage earners✓
- 3Exporters selling goods abroad
- 4Business owners and equity investors
Correct answer
Fixed-income groups and wage earners
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