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campario campario
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7 years ago
A worrisome outcome of chronic inflation is that it tends to ________.
A) erode confidence in a country's currency
B) give central banking officials excessive flexibility to manage monetary policy
C) increase the real income of people, thereby inflating their spending and borrowing levels
D) lower consumer demand for foreign goods, which triggers lower prices and eventually lower employment
Textbook 
International Business

International Business


Edition: 15th
Authors:
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International Business Student!
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WindozWindoz
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7 years ago
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campario Author
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7 years ago
This site is awesome
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Thank you, thank you, thank you!
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Good timing, thanks!
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