Economics · Inflation
Who among the following groups is most adversely and negatively affected by high inflation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Profit earners and business owners
- 2Fixed income earners and salaried individuals✓
- 3Speculators and equity traders
- 4Borrowers and debtors
Correct answer
Fixed income earners and salaried individuals
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