Multiple Choice
Which of the following people is least likely to be hurt by inflation?
A) A salesperson who works on commission
B) A retired couple living on a pension
C) An individual who enters into a fixed-wage contract for the next three years
D) An individual who agrees to lend money at a fixed rate of interest for the next three years
E) An individual working at the minimum wage which seldom changes
Correct Answer:
Verified
Correct Answer:
Verified
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