Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

What is the impact of inflation? Are there any groups that are helped? Are there any groups
that are hurt?

Sagot :

eliz75

Explanation:

so inflations refers to the rise in the prices of goods and services which of daily, including goods and services such as clothings, transport and all those.

people who earn an average and depend entirely on savings will suffer, even subsistence farmers and mainly everyone, but mostly are people who depend entirely on savings, as prices rise, spending rises, reducing savings.

Answer:

The group or groups it most hurts are the un- and semi-skilled wage earners who lack the power of collective bargaining. Because the potential labor pool will always exceed the number of jobs, they will not get pay raises unless they’re governmentally mandated in the form of minimum wage laws.

Explanation:

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.