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    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
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    During the Late 19th Century, the U
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During the Late 19th Century, the U

Question 158

Question 158

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During the late 19th century, the U.S. price level fell. This unexpected increase in the real cost of borrowing caused wealth to be redistributed from _____ to _____.

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debtors/bo...

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