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    Macroeconomics Study Set 68
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    Exam 14: Money, Banking, and Financial Institutions
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    An Inflation Rate of 6 Percent Would Erode the Purchasing
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An Inflation Rate of 6 Percent Would Erode the Purchasing

Question 250

Question 250

Multiple Choice

An inflation rate of 6 percent would erode the purchasing power of the dollar by


A) 5.7.
B) 3.3.
C) 6.
D) 16.7.

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