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The overwhelming unpopularity of inflation among citizens is largely a result of the fact that

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The overwhelming unpopularity of inflation among citizens is largely a result of the fact that

The overwhelming unpopularity of inflation among citizens is largely a result of the fact that
A) inflation raises the real cost of such basic necessities as food, housing, and clothing.
B) inflation reduces the value of real wealth.
C) no one knows what causes it.
D) no one (or almost no one) gains from inflation.
E) people who gain from inflation often erroneously conclude that they are losing as a result of it.

Textbook

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

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Sublight2097 Author

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9 years ago

Another one in the books, marking it solved.

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