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    Modern Principles Macroeconomics
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    Exam 13: Business Fluctuations
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    Deflation
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Deflation

Question 95

Question 95

Multiple Choice

Deflation:


A) lowers the real value of debts.
B) raises the real value of debts.
C) lowers the nominal value of debts.
D) raises the nominal value of debts.

Correct Answer:

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