1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marizza181 [45]
3 years ago
15

Why are older people on fixed-income pensions hurt by unanticipated inflation?

Social Studies
1 answer:
valentina_108 [34]3 years ago
5 0
<h2>The older people on fixed-income pensions gets hurt by unanticipated inflation as there is an inverse relationship between interest rates and fixed-income pensions.</h2>

Explanation:

Inflation rate plays a significant role on the financial lives of old Americans with fixed-income pensions. Inflation occurs when unemployment rate decreases and prices of goods, real estate, and commodities creep higher.

According to 2010 research, Old citizens of America spends three times than a working adult and five times that of children, averagely $18,424 annually.

Healthcare, housing, travel, and supporting children also influence how much seniors spend. Unanticipated inflation affects the purchasing power.

You might be interested in
and ExamMultiple Choice: Please select the best answer and click submitBefore 1920, women in America could notO A. Serve in Cong
SVETLANKA909090 [29]
I think it's all of the above.
5 0
3 years ago
A written language is one component of what scholars call a
FrozenT [24]
A written language is one component of what scholars called a CIVILIZATION.
Civilization refers to the stage of human social development which is considered as very advanced. There are eight major elements of civilization and they are: Art, culture, religion, technology, trade/transportation, government, economy and written language.<span />
6 0
3 years ago
How could a natural event like an earthquake make it difficult to use the law of superposition
leonid [27]

Answer:

Because earthquakes shake up the soil and after an earthquake the layers of the earth could be mixed up

Explanation:

3 0
3 years ago
Read 2 more answers
What is Nigeria's government like today? A. authoritarian B. communist C. democratic D. aristocratic
hammer [34]
I believe that the answer is C. Democratic
5 0
3 years ago
PLZ I NEED HELP!!
Lerok [7]

Answer:

Not successful these days, with the lengthy appeals process and available parole.

Explanation:

I used to be against it as an individual, when once you were sentenced, you did your time. If you were sentenced to life, prison was where you died. I tend to lean towards the death penalty, depending on the crime, of course. In my opinion, our judicial system, always has room for improvements. Hope this helps.

7 0
3 years ago
Other questions:
  • James olds and peter milner (1954) were trying to implant an electrode in a rat's reticular formation when they mistakenly place
    11·2 answers
  • How did Georgians face challenges when fulfilling the charter during the trustee period?
    6·1 answer
  • All aspects of communication other than the words themselves are known as
    9·2 answers
  • Rachel's fifteenth birthday is on friday. her mother and father ask her to choose between olive garden and red lobster for her b
    13·2 answers
  • In which circumstance would the courts find libel?
    14·2 answers
  • Kwan is the leader of a team whose meetings are being disrupted by liz, who dominates the discussions with long, irrelevant comm
    10·1 answer
  • The scientific method is a set of techniques for gaining new knowledge about the world in which we live. However, these techniqu
    7·1 answer
  • What is the most venomous spider in the world?
    12·1 answer
  • Norman was visiting a tribal village in the Las Perlas islands. When it came time for sleep, he asked where his bed was and mimi
    6·1 answer
  • Which of these is an essential feature of political activity?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!