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    Modern Principles of Economics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    When Actual Inflation Is Equal to Expected Inflation
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When Actual Inflation Is Equal to Expected Inflation

Question 60

Question 60

Multiple Choice

When actual inflation is equal to expected inflation:


A) borrowers are harmed and lenders benefit.
B) lenders are harmed and borrowers benefit.
C) both borrowers and lenders are harmed.
D) neither borrowers nor lenders are harmed.

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