Posted by **anonymous** on Sunday, July 8, 2007 at 5:28pm.

how might a high school student's experience with inflation diff from an employed urban adult?

A high school student is more apt to be on a fixed income with few if any increases. S/he may be working for close to minimum wage or depend upon an allowance from parents. If the cost of soft drinks, hamburgers, movies, clothes, etc., increase, the teen wouldn't be able to buy as much during inflationary times. The employed urban adult is more likely to see his/her salary increase in line with inflation.

It could also be that the High School student receives most of his or her support from parents. If that is the case and IF the parent is not on a fixed income then the effects of inflation would be minimized.

In some situations the High School student might benefit from inflation if his parents benefit. Even though inflation has been called the cruelest tax of them all there are groups that benefit from inflation such as those who are creditors and those whose income may increase more than the inflation rate.

## Answer This Question

## Related Questions

- Reference Letter - Hey Im trying to write a Reference letter, and Im kind of ...
- english - how about this for starters? The shift from being a high school ...
- Algebra - The school that Trevon goes to is selling tickets to a choral ...
- Chemistry.. - I want to be a pharmacist, so after high school do I go to a 4 ...
- Algebra 1 - Julia's school is selling tickets to a play. On the first day of ...
- Stat - Translate the following events into set notation using the symbols A and ...
- stat - In a certain high school, the probability that a student drops out is 0....
- After-school activities for high school students - I recently received a job to...
- probabilityv - A school's administrators are concerned about absenteeism at ...
- Algebra - A high school has 900 students, 40% of whom are drama majors. A second...

More Related Questions