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Economics - Financial Markets 9 Online
OpenStudy (anonymous):

Who is most likely to be worried about high inflation? a shopkeeper a retired couple on a fixed income a factory worker a doctor with a suburban practice

OpenStudy (anonymous):

definately b the rest can support themselves finiancially. Being employed they have a stock of wealth in form of wages.

OpenStudy (anonymous):

Did that help you understand?

OpenStudy (anonymous):

Also, inflation erodes income if it doesn't rise in proportion by the government as it gives the fixed welfare payment.

OpenStudy (anonymous):

yes it did thank you :)

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