Business

Eric Villegas

17 August, 10:09

This past year inflation in Snowdonia has increased to 150%. As an economic analyst, you are charged with identifying those sectors of the population worst affected by this inflation event. Which group of people is likely to be worst affected by inflation?

A. pensioners drawing from a "defined contribution" retirement plan

B. disabled veterans living on fixed (non-adjustable) government transfer payments

C. homeowners with a 30 year fixed mortgage

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