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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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Posts: 4132
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9 years ago
Popular criticism of determining who gets what by means of money prices increases in periods of inflation because
A) inflation hits poor people the hardest.
B) people mistakenly assume an increase in money prices makes them worse off.
C) the wealthy will eventually acquire everything if inflation continues long enough.
D) there is no one who benefits from rising prices.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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#1
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Another one in the books, marking it solved.
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#3
9 years ago
Thanks for updating the community. A lot posters don't realize how important feedback is!
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