This group is most likely to be harmed by inflation.
A)Debtors
B)Persons on fixed incomes
C)The young
D)Foreigners

Question

Quizplus · Accepted Answer

Persons on fixed incomes have a set amount of money coming in each month, so if inflation occurs and the cost of goods and services increase, their income will no longer be enough to cover those expenses which can lead to financial strain and difficulty meeting basic needs.

This Group Is Most Likely to Be Harmed by Inflation