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    Foundations of Financial Management Study Set 5
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    Exam 1: The Goals and Functions of Financial Management
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    Some of the Effects of High Inflation Are
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Some of the Effects of High Inflation Are

Question 59

Question 59

Multiple Choice

Some of the effects of high inflation are:


A) the gold standard was eliminated.
B) purchasing power increased.
C) interest rates fall.
D) Phantom profits and undervalued assets.

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