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The Lower the Prices in an Economy, The

Question 150

Multiple Choice

The lower the prices in an economy, the:
(i) lower the purchasing power of the currency.
(ii) lower the real wealth in the economy.
(iii) higher the real wealth in an economy.
(iv) cheaper the country's exports.


A) (i) only
B) (i) , (ii) , (iii) , and (iv)
C) (iii) and (iv)
D) (ii) only

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