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Author Question: Which of the following is true of expected inflation? a. It increases the efficiency of the ... (Read 60 times)

ghost!

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on: Jun 30, 2018
Which of the following is true of expected inflation?
 a. It increases the efficiency of the economy.
  b. It is more of a problem than unexpected inflation.
  c. It results in lower prices over time as people make adjustments.
  d. It is not a major problem if people can make the right interest rate and income level adjustments.
  e. It is necessarily tied to a decline in purchasing power.

Question 2

A tax cut will lead to higher inflation is an example of a positive economic statement.
 a. True
  b. False
  Indicate whether the statement is true or false


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shailee

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

d

Answer to Question 2

True


ghost!

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

shewald78

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

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