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Author Question: Assuming all else equal, inflation can: A) reduce the real interest rate, and increase the real ... (Read 197 times)

ARLKQ

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Assuming all else equal, inflation can:
 
  A) reduce the real interest rate, and increase the real wage rate.
  B) increase both the real interest rate and the real wage rate.
  C) increase the real interest rate, and reduce the real wage rate.
  D) reduce both the real interest rate and the real wage rate.

Question 2

The reversal of fortune can be attributed to the fact that:
 
  A) economic institutions in European colonies were inclusive in all nations.
  B) economic institutions in European colonies were extractive in prosperous nations and inclusive in other nations.
  C) economic institutions in European colonies were extractive in all nations.
  D) economic institutions in European colonies were inclusive in prosperous nations and extractive in other nations.


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