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Who are the victims of inflation?
Who are the victims of inflation?
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Solution
The correct option is D Pensioners
When the cost of living increases without an increase in people’s income, they become the victims of inflation, for example, pensioners, construction workers, small-scale vendors, and other workers who have low income. Their standard of living also gets affected due to inflation.
When the cost of living increases without an increase in people’s income, they become the victims of inflation, for example, pensioners, construction workers, small-scale vendors, and other workers who have low income. Their standard of living also gets affected due to inflation.
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