Answered

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Which person would suffer the most from inflation?
Group of answer choices

Brittany is a high school senior who has been saving money for all of her senior activities.

Braxton is approaching retirement but continues to work full-time.

Coach Hirsh invests in gold and sees the value of it go up by about 7% year to year.

Gertrude is a retired 80-year old woman living on a fixed income.

Sagot :

Gertrude I believe not 100 percent

The person that would suffer from inflation is coach Hirsh who invests in gold and later sees the value goes up by 7% year to year. Thus option C is correct.

What is inflation?

Inflation is the general rise of prices and directly affects the economy of goods and services. As the general process of the currency rises there is a production in the purchasing capacity.

Inflation can be measured by the inflation rate which is the general price index. Thus Coach Hirsh will suffer most form the inflation due to his loss in investment as value goes up.

Find out more information about inflation.

brainly.com/question/1082634

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