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The purchasing power of people with _____ decreases a lot when inflation occurs.

rising incomes fixed incomes

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The purchasing power of people with _____ decreases a lot when inflation occurs.

rising incomes fixed incomes

Answer

With fixed incomes, because they will find that the money that they have, when inflation occurs, won't be as worth as much before.
The people with rising incomes will rise along with the inflation rates, so they will not feel the effect.

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 17 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 117 views.

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