Buy custom Do Any Groups Of People Gain And Lose From Inflation?
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Business
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| Number of pages / Number of words: |
5 / 1143 |
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Foreign labor influx can also turn company to hire foreign workers for cheaper manpower.(6)
Inflations also impact retirees retiring on a fixed amount of savings. Elderly planning for retirement will have to continually set a higher target for their retirement funds because inflations will cause their savings to ‘shrink’ buying lesser things and paying more for the same quality life they have now...
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Earlier retirement plans for travel and vacations may have to be put aside as diesel and petrol prices increase. While retirees experience the same impact of the surges of food price as the other groups, healthcare services which take up a bigger portion of their funds compared to younger age group have been subject to inflations as well...
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Do Any Groups Of People Gain And Lose From Inflation?
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