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What is the main problem for people on a fixed income during a period of chronic inflation?

ATheir income will not increase, so their purchasing power falls.
BThey have to ask for an increase in wages to match inflation.
CTheir investments will not pay as much interest.
DThey have to wait for the government to react to the crisis.

Verified Answer :

taskmasters

Answer: Their income will not increase, so their purchasing power falls.

Naturally, a fixed income will not be given any amount of raise especially in a widespread inflation crisis thus people earning in fixed income suffer. When there is chronic inflation and the people's wage remains the same, people will not be able to buy supplies that will sustain their daily needs. 

The correct answer is A.) Their income will not increase, so their purchasing power falls.

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