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of the following groups, the one hurt most by unanticipated inflation is Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What are the effects of inflation?

When inflation occurs, each dollar of income buys fewer goods than before. This is due to prices increasing. Identify which people are helped and which are hurt by anticipated inflation. Decrease in general prices or a negative inflation rate is not the case during inflation. People may hoard money due to prices increasing at decreasing rates.

How does inflation affect everyone equally?

Inflation, which is the rising general level of prices, reduces the 'purchasing power' of money. This means that each dollar of income will buy fewer goods than before. Everyone is affected as prices increase, but the impact can vary depending on individual circumstances. Inflation doesn't affect everyone equally in a positive way.

How does inflation affect the purchasing power of money?

Inflation reduces the purchasing power of money as it leads to a rising general level of prices. Each dollar of income will buy fewer goods than before when inflation occurs.

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