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Alex73 [517]
3 years ago
6

Whom does inflation hurt the most? producers creditors debtors

Social Studies
2 answers:
Elina [12.6K]3 years ago
7 0

The correct answer would be option B, Creditors.

Creditors are the ones who are most hurt by inflation.

Explanation:

Inflation is the rise in the prices of goods and services. It is actually the depreciation in the value of money. Suppose if at one point of inflation, a product is purchased at $5, then if the inflation rises then the same product will now be purchased in say $6. This is how inflation affects the value of money.

The creditors who gave loans to others will be most affected by the increase in inflation, because they will receive the same amount of money back but with the decreased value of the money. Suppose, they gave $5000 loan to someone, and with the increase in inflation the value of money will decrease but they will still get the credited amount, which will be a loss for them.

Learn more about Inflation at:

brainly.com/question/850547

#LearnWithBrainly

irinina [24]3 years ago
7 0

Answer:

creditors

Explanation:

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How does the excerpt from President Hoover’s press conference differ from President Roosevelt’s inaugural address?
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The passage from President Hoover's news conference differs from President Roosevelt's inauguration address in that only Hoover acknowledges the international nature of the nation's economic issues. Therefore, the correct option is B.

<h3>What qualities did President Hoover have?</h3>

Herbert Hoover (1874-1964) was elected as the 31st president of the United States in 1929, which also marked the start of the Great Depression. Hoover was mostly blamed by the American public for the crisis, which lasted for more than a decade despite the fact that his predecessors' policies were likely a factor.

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This excerpt is from President Franklin D. Roosevelt's first inaugural address in 1933.

In such a spirit on my part and on yours we face our common difficulties. ... Values have shrunken to fantastic levels; taxes

have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment of income; the means of

exchange are frozen in the currents of trade; the withered leaves of industrial enterprise lie on every side; farmers find no

markets for their produce; the savings of many years in thousands of families are gone. More important, a host of unemployed

citizens face the grim problem of existence, and an equally great number toil with little return. Only a foolish optimist can

deny the dark realities of the moment,

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ОВ, Only Hoover admits that the country's economic problems have an international basis.

OC Only Roosevelt advises that the federal government should focus on the economic problems.

OD Only Hoover says that the federal government is responsible for the country's economic problems.

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