The Effects Of Inflation
― Due to inflation following can be happen:- ∙ A) Distribution of Income and Wealth01. Fixed income based employee: ∙ In case of fixed income peoples their income is fixed when any inflation is create they face a serious problems. They have to cut down their consumptions or expenditures. ∙ 02. Debtor and creditor: ∙ In case of inflation creditor face a loss, because his/ her receivable money will lose its value. On the other hand the debtor can be benefited in inflation [...].
