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Recall the Application About the Impact Inflation Has on Your

Question 52

Multiple Choice

Recall the Application about the impact inflation has on your potential future salary and the repayment of student loans to answer the following question(s) .
-In considering the costs involved for student loans that must be repaid in ten years, this Application is addressing the economic concept of


A) the marginal principle.
B) the principle of voluntary exchange.
C) the principle of diminishing returns.
D) the real-nominal principle.

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