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Author Question: Inflation that causes an increase in the prices of goods and services will, other things being ... (Read 17 times)

asan beg

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Inflation that causes an increase in the prices of goods and services will, other things being equal, tend to decrease nominal GDP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the average price level falls, the real value of wealth also falls.
 a. True
  b. False
  Indicate whether the statement is true or false



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dyrone

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Answer to Question 1

False

Answer to Question 2

False




asan beg

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Reply 2 on: Jun 30, 2018
:D TYSM


deja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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