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4 October, 21:23

Income that does not increase when prices go up

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Answers (2)
  1. 4 October, 21:38
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    Fixed Income

    Explanation:

    This income does not increase even when prices go up. There are many benefits and downfalls to this sort of income
  2. 4 October, 21:39
    0
    Income that does not increase when prices go up - Fixed Income

    Explanation

    Fixed Income is a type of investment where one receives a fixed payment on a regular basis like monthly, termly or annually.

    Examples are annuities, money market funds, certificates of deposit, savings account etc.

    There are two types of fixed income - Short-term fixed income and Long-term fixed income.

    The merit of the fixed income is that the payments or dividends received from the investment are invariable, thereby making it a secure investment at a time when the stability of economy is undependable.
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