Nelly's grandparents are on a fixed income. Which of the following is true? (Points : 1)
Inflation does not affect their purchasing power.
Inflation causes their purchasing power to go up.
Inflation causes their purchasing power to go down.

Question

Nelly's grandparents are on a fixed income. Which of the following is true? (Points : 1)
       Inflation does not affect their purchasing power.
       Inflation causes their purchasing power to go up.
       Inflation causes their purchasing power to go down.

anonymous · Answer

@calculusxy  ^^?

calculusxy · Answer

Well I'm not that good at fiance but from what it says as fixed income, I think that there won't have been any price hikes.