In a scenario in which the economy is experiencing unanticipated inflation (greater than 5% as measured by the CPI), who would suffer the least negative impact
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Answer:
energy ,gender and world bank group
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The entrepreneurs are the category of people who will be least negatively impacted by the inflation.
Explanation:
- Inflation occurs when the price levels in the economy increase.
- During this period, people will suffer a huge economic crisis and they struggle to buy articles from shops.
- The rise in the price of goods mostly affects the small scale industries and the employees who work in companies.
- On the other hand, the great entrepreneurs will face some loss in the beginning but they recover soon by selling the goods again at high prices.
To know more:
1) What is inflation ?
https://brainly.in/question/6971875.
2) Write essay on inflation?
https://brainly.in/question/8916162
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