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
8_murik_8 [283]
3 years ago
12

In a scenario in which the economy is experiencing unanticipated inflation (greater than 5% as measured by the CPI), who would s

uffer the least negative impact? A) A disabled veteran who cannot work due to injuries. B) A 70 year old widower living off of Social Security and savings. C) A local credit union that offers deposits, check cashing, and fixed rate auto loans and mortgages. D) A couple in their mid-30s who recently purchased a home with a fixed 30 year mortgage but are otherwise debt free.
History
2 answers:
telo118 [61]3 years ago
6 0

D) A couple in their mid-30s who recently purchased a home with a fixed 30 year mortgage but are otherwise debt free.

nirvana33 [79]3 years ago
5 0

The correct answer is the following:<em> option D. A couple in their mid-30s who recently purchased a home with a fixed 30 year mortgage but are otherwise debt free </em>would suffer the least negative impact of unanticipated inflation out of all the options provided.

Inflation is the economic term to describe the sustained increase on the price level of goods and service of a specific economy during a specific amount of time. This increase on the price of goods and services is reflected in a reduction of the purchasing capacity per unit of money that people posses.

Unemployed people, citizens that are living off Social Security benefits or savings, or businesses that work with offering check cashing or fixed rate loans are all going to feel the impact on the inflation because everything will be suddenly more expensive and they will have less spending capacity. Two people that live together, that are in their working ages and that are paying a fixed rate mortgage, will suffer less the impacts of the inflation compared to the previous group.

You might be interested in
What is the impact of Engle v vitale
sergij07 [2.7K]

Answer:

Having a mandatory prayer at school is unconstitutional.

Explanation:

7 0
3 years ago
People began to study classical thought during the Renaissance to
Alex73 [517]
To better themselves and educate themselves as well
7 0
3 years ago
What could farmers do to address the problems created by deforestation?
morpeh [17]
I would say D as well. Animals need homes to live in... and they can't live in that area if the trees and plant life is always getting cut down. 
6 0
3 years ago
Match these men with the best possible description. 1. captured the west from the British Nathan Hale 2. gave his life for his c
IceJOKER [234]

Well....

1.George Rodgers Clark captured the west from the British

2.Nathan Hale gave his life for his country

3. Benedict Arnold

4.John Paul Jones (Later nicknamed"Davy Jones") Defeated the British Navy

5.Colonel Hamilton was British commander at Vincennes


4 0
3 years ago
Read 2 more answers
What do you call person who maintains that God created the universe and its natural law but God does not interfere with those na
dexar [7]
Deists, they follow Deism.
8 0
3 years ago
Read 2 more answers
Other questions:
  • How did Prussian rulers pay for their large standing army?
    14·2 answers
  • What was the main accomplishment of the Manhattan Project during World War II?
    13·2 answers
  • Was it the right decision for the U.S. Government to bring Nazi
    6·1 answer
  • How did George Washington's leadership abilities contribute to the success of the American revolution? (What did he do to win th
    15·2 answers
  • What are the social aspects of medieval Japanese society?
    12·1 answer
  • How did priest become leaders in Mesopotamia?​
    6·1 answer
  • What was one of the main reasons Hoover lost the election of 1932? a. Americans felt Hoover’s reforms had not done enough to hel
    10·1 answer
  • How did Italian city states become so powerful?( i will mark branliest)
    5·2 answers
  • How did women gain during the WW2? African-Americans as well?
    5·1 answer
  • How does hunting affect the web of life?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!