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
Who was on the first cover of entertainment weekly in 1990?
CaHeK987 [17]

There are a lot of great singers. Singer k.d. Lang was on the first cover of entertainment weekly in 1990?

<h3>What is Entertainment Weekly?</h3>

This is known to be a magazine that has its first Volume and Number 1 issue on February 16, 1990. The first cover featured singer k.d. Lang.

Conclusively, The founder of Entertainment Weekly is David Morris and they have millions of subscribers.

Learn more about Singers from

brainly.com/question/25209694

6 0
2 years ago
Addison's mom says the first thing she should do in her new town is find where the hospital and police station are. Addison thin
Virty [35]

Answer:

Addison's mom is right.

Explanation:

While the library and the park are definitely important places to know in town, their not more important than the police station and the hospital. This is because both the police station and the hospital provide vital services can become a life and death matter.

3 0
3 years ago
Which of the following was not an effect of the Federal-Aid Highway Act of 1956?
Elanso [62]

Answer:

It increased demand for shipping and railway transportation.

Explanation:

The Federal-Aid Highway Act of 1956 was famously referred to as the National Interstate and Defense Highways Act. This Act was enacted by the 84th US Congress on the 29th of June, 1956 and signed into law by President Dwight D. Eisenhower.

The effect of the Federal-Aid Highway Act of 1956 include the following;

I. It was used to fund over 41,000 miles of interstate highways in the United States of America.

II. It enabled a faster means of transportation across the United States of America.

III. Freeways were significantly added to cities and as a result of this, it encouraged the growth of suburbs.

3 0
3 years ago
Read 2 more answers
What court case established the power of judicial review that allows the Supreme Court to strike down laws that violate the US C
Tom [10]

Answer:

Marbury v. Madison, 5 U.S. (1 Cranch) 137 (1803), was a U.S. Supreme Court case that established the principle of judicial review in the United States, meaning that American courts have the power to strike down laws, statutes, and some government actions that violate the Constitution of the United States. Click to see full answer

Explanation:

3 0
2 years ago
How is taxation used to achieve social objectives?
kiruha [24]
It wont let me answer, I’ll put my answer in the comments
4 0
2 years ago
Other questions:
  • The Egyptian and Kush civilizations shared similar _____.
    9·2 answers
  • Which kind of stock market analysis focuses on overall trends in the market?
    8·1 answer
  • Where most soldiers volunteers or conscripts?
    10·1 answer
  • Which of these rights does the 1st Amendment of the Constitution NOT cover?
    9·2 answers
  • What did you LEAST like about HAMILTON in this unit?
    10·1 answer
  • Why was Coney Island important
    9·1 answer
  • Do you believe that the United States shares some of the responsibly over what is happening in Yemen????? I NEED THIS ANWSER NOW
    10·1 answer
  • Based on the context of this passage an orbit is
    15·2 answers
  • Why was a weak national government created under the Articles of Confederation?
    8·1 answer
  • Please help me and I will give you brainliest!
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!