Of the following groups, who would be the most impacted by inflation? a) members of strong labor unions b) people who do not have any debt c) employees who have received raises d) individuals living on fixed incomes

Of the following groups, who would be the most impacted by inflation? Individuals living on fixed incomes. When inflation occurs prices rise and the value of money on purchases drops. Those on fixed incomes will not make more money to subsidize the price rising of goods and services that they are use to bring. Due to this, they will be impacted the most by inflation because they can't make more money to help offset those increases. 

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