inflation

Essay specific features

 

Issue:

Business

 

Written by:

Cynthia M

 

Date added:

August 4, 2012

 

Level:

University

 

Grade:

 

No of pages / words:

2 / 348

 

Was viewed:

457 times

 

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Essay content:

The retirement fund is affected by this because you aren't able to put as much away as you would like. People who live on social security and different retirement plans are affected because their money is the same no matter what the price of goods are. As prices are rising they are able to buy less because their money is fixed and never increases due to a change in economy...
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As prices are rising they are able to buy less because their money is fixed and never increases due to a change in economy. Also, Creditors are hurt by inflation because when someone takes out a loan then that amount of money lessens on its worth due to increasing prices. As prices go up then the value of the dollar deceases...
displayed 300 characters

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