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    Economics Study Set 8
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    Exam 31: Deficits and Debt: the Austerity Debate
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    Does Inflation Actually Wipe Out the Real Burden of the Debt
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Does Inflation Actually Wipe Out the Real Burden of the Debt

Question 63

Question 63

Essay

Does inflation actually wipe out the real burden of the debt? Who (if anyone)bears the cost of eliminating debt with inflation?

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A fall in the value of money will reduce...

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