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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
Which of the following is not a usual consequence of inflation?
A) Income is redistributed among people.
B) People are misled into supposing that their earnings have risen substantially.
C) People believe that rising prices have made them worse off.
D) The cost of living goes up for everyone.
E) The value of money falls.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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Posts: 3807
9 years ago
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Sublight2097 Author
wrote...
9 years ago
Another one in the books, marking it solved.
wrote...
3 years ago
.
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