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What is the impact of inflation? Are there any groups that are helped? Are there any groups

that are hurt?

2 Answers

5 votes

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.

Step-by-step explanation:

answered
User Barry Wark
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4 votes

Step-by-step 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.

answered
User Nomics
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