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    Modern Principles Macroeconomics
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    Exam 12: Inflation and the Quantity Theory of Money
  5. Question
    When Actual Inflation Is Less Than Expected,wealth Is Transferred from the Borrower
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When Actual Inflation Is Less Than Expected,wealth Is Transferred from the Borrower

Question 103

Question 103

True/False

When actual inflation is less than expected,wealth is transferred from the borrower to the lender.

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