Question

people on a fixed income are harmed:
besides causing economic instability, high inflation also has an impact on individuals, especially if the inflation is severe. when inflation occurs, we all lose our buying power. this means we are not able to buy as much as we were before. the loss of buying power will affect those individuals who are on a fixed income. a fixed income is income (money earned) which is constant (it does not change or increase). people who are retired or on disability are typically on fixed incomes. during periods of inflation, these individuals may struggle to buy the things they need because inflation leaves them with less buying power.

what do buyers lose when inflation occurs?

○ savings accounts
○ buying power
○ employment opportunities
○ credit scores

Explanation:

The text explains that during inflation, especially for those on fixed incomes, the loss of buying power occurs as income (fixed) doesn't increase with rising prices, making it harder to buy needed items. The question asks what buyers lose during inflation, and the relevant option is "Buying power" as per the explanation about inflation reducing the ability to buy as much as before.

Answer:

Buying power