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Author Question: During periods of inflation: a. everyone's real income rises. b. those people who have fixed ... (Read 65 times)

deesands

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on: Jun 30, 2018
During periods of inflation:
 a. everyone's real income rises.
  b. those people who have fixed incomes benefit.
  c. those people whose nominal income rises faster than the general price level benefit.
  d. those people who enter long-term wage agreements benefit.
  e. those people who hold a lot of cash benefit.

Question 2

When two variables repeatedly change at the same time, there must be a causal relationship between them.
 a. True
  b. False
  Indicate whether the statement is true or false


Brummell1998

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


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