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  3. Study Set
    Principles of Economics Study Set 11
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    Exam 21: The Price Level and Inflation
  5. Question
    Explain the Distorting Effect of Inflation on the Payment of Capital
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Explain the Distorting Effect of Inflation on the Payment of Capital

Question 12

Question 12

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Explain the distorting effect of inflation on the payment of capital gains taxes.

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Inflation can create the appearance of c...

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