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    Principles of Economics Study Set 8
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    Exam 24: Measuring the Cost of Living
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    Kristine Has a Savings Account at a Bank
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Kristine Has a Savings Account at a Bank

Question 99

Question 99

True/False

Kristine has a savings account at a bank. If the nominal interest rate she earns exceeds the rate of inflation, then her purchasing power increases over time.

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