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    Business Economics
  4. Exam
    Exam 5: Understanding Inflation, Business Cycles, and Monetary Policy
  5. Question
    Which of the Following Is an Effect of Inflation
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Which of the Following Is an Effect of Inflation

Question 7

Question 7

Multiple Choice

Which of the following is an effect of inflation?


A) erosion in purchasing power
B) affects relative price of goods
C) increase in inequalities of income
D) all the above

Correct Answer:

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