Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

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:

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.