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Author Question: The intent of indexing is to: a. reduce inflation gradually. b. shift the long-run Phillips curve ... (Read 68 times)

V@ndy87

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The intent of indexing is to:
 a. reduce inflation gradually.
 b. shift the long-run Phillips curve to the right.
 c. take most of the sting out of inflation.
 d. raise tax revenue automatically during inflation.

Question 2

An overall decline in communication and transportation costs have facilitated global interactions in the twentieth and the twenty first century.
 a. True
  b. False
  Indicate whether the statement is true or false



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ktidd

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Answer to Question 1

c

Answer to Question 2

True





 

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