Question

explain the impact of inflation on fixed income group of people.​

Answer 1

Answer:

Impact of inflation on fixed income group of people.

It decreases purchasing power of consumer resulting in lower demand. Its put negative impact on overall economy. Answer: As a result of inflation value of money decreases in such situation fixed income group of people will be able to buy lower quantity of goods for the same amount of money.

Answer 2

Answer:

Ooo

Thank you so much mughe to pata hi nahi tha